5966 Chicago Rd Warren, MI 48092

Property Details for 5966 Chicago Rd

Year built

1950

Lot size

0.23 lot acres

Property size

3,000 SF

Zone code

C-1

Property type

Commercial real estate

APN

12-13-04-302-013

APU

121304302013

Description

This exceptional free-standing commercial building in Warren, Michigan, presents a compelling investment opportunity at an attractive price point of $295,000. The property boasts a total of 3,000 square feet, thoughtfully divided into three 1,000-square-foot units. Each unit is equipped with its own bathroom and individual furnace, offering flexibility and convenience for both owner-occupancy and leasing. Ample parking is available on both sides and in front of the building, ensuring convenient access for tenants and visitors. Currently, one unit is generating a stable income stream with a reliable tenant paying $1,000 per month. The remaining two units offer significant potential for additional rental income or can be easily combined to create a larger, more expansive space to suit a variety of business needs. Situated on a 0.23-acre lot, this property is ideally positioned to benefit from the ongoing revitalization efforts in Warren's downtown area. This is a rare chance to acquire a well-maintained, versatile industrial building in a growing market, offering both immediate income and long-term growth potential. The building's layout and features make it suitable for a wide range of businesses, making it an attractive investment for both seasoned investors and first-time buyers. Don't miss this opportunity to own a piece of Warren's vibrant future.

Location Insight

City

Warren

County

Macomb

State

Michigan

Longitude

-83.0465

Latitude

42.527

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments