18536 Warren Ave, Detroit, MI 48236
This 2,000 square foot freestanding restaurant building is available for sale at $495,000. Located at 18536 E Warren Ave in Detroit, Michigan (48236), this vacant property sits on a 0.21-acre lot and is zoned R1. The building boasts a wealth of features ideal for a restaurant operator, including dedicated parking, monument signage, and two points of ingress/egress, ensuring convenient access for customers and staff. The property's strategic location offers significant advantages. It's in close proximity to Ascension St. John Hospital, serving the Grosse Pointe and surrounding communities. This high-traffic area already features a strong mix of national tenants, including Starbucks and Chipotle, further enhancing the property's appeal. A planned Taco Bell corporate store directly adjacent to the property promises increased foot traffic and visibility. The building is fully equipped, representing a significant opportunity for a quick and efficient restaurant launch. The absence of a remaining lease term provides complete flexibility for the new owner. This is a rare opportunity to acquire a well-positioned, fully equipped restaurant in a thriving commercial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.