13101 Warren Ave Detroit, MI 48215-2016
This 1,100-square-foot restaurant space, located at 13101 E Warren Avenue in Detroit, Michigan, is available for $49,000. The property sits on a 0.16-acre lot and is ideal for a fast-food or specialty food establishment. The building features a masonry brick exterior and tile flooring, offering a durable and low-maintenance environment. Key features include a secure gating system, a walk-in cooler, and a hood top, enhancing operational efficiency. A service counter with plexiglass is also present. This owner-user opportunity is situated in a high-traffic area, with an average of 10,359 vehicles passing the intersection of E Warren and Dickerson St SW, and 10,716 vehicles passing the intersection of E Warren and Dickerson St NE. The surrounding area boasts a population of 285,509, with an average household income of $60,597 and a median age of 36, presenting a strong potential customer base. Leasing is not an option for this property. The property is currently vacant and ready for immediate occupancy. This is a unique opportunity to establish a thriving business in a vibrant Detroit neighborhood. The price per square foot is $44.55.
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Jaan's Pizza Fish & Chicken Restaurant
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61-7-3), eff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts w
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.