6902 Chicago Rd Warren, MI 48092
- Assisted living facilities
- 52,997 SF
- 6.09 lot acres
Current Use by Public Records
- Shar Macomb / Addiction Treatment Center
Property Details for 6902 Chicago Rd
- Year built
- 1938
- Lot size
- 6.09 lot acres
- Property size
- 52,997 SF
- Zone code
- MZ
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 12-13-04-451-010
- APU
- 121304451010
Description
This exceptional 70,486 square foot mixed-use property, located at 6902 Chicago Road in Warren, Michigan (48092), presents a rare investment opportunity. Built in 1938 and renovated in 1977, this two-story building sits on a substantial 6.09-acre lot and is currently configured as a 160-person behavioral health residential/outpatient facility. The property boasts attractive grounds featuring a baseball diamond, basketball court, and picnic areas, creating a unique and appealing setting. A maintenance shed is conveniently located on-site. The property is zoned "O" and benefits from its proximity to the General Motors Tech Center. The land value is calculated at $107.82 per square foot, reflecting the significant potential of this location. Note that a deed restriction is in place. The asking price for this substantial property is $7,600,000. This presents a compelling opportunity for investors seeking a large-scale property with significant redevelopment potential in a desirable location. The property's size, amenities, and strategic location near the General Motors Tech Center make it a truly unique offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0359
- Latitude
- 42.5234
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
