13101 Warren Ave Detroit, MI 48215-2016
- Turn key restaurants
- 890 SF
- 0.16 lot acres
Sep 06, 2024
Current Use by Public Records
- Jaan's Pizza Fish & Chicken / Pizza Restaurant
Property Details for 13101 Warren Ave
- Year built
- 1953
- Lot size
- 0.16 lot acres
- Property size
- 890 SF
- Zone code
- B4
- Property type
- Turn key restaurants
- APN
- 21002698-9
- APU
- 210026989
Description
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.
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
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.966
- Latitude
- 42.3932
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA