15322 Warren Ave Dearborn, MI 48126-1358
- Retail space
- 2,000 SF
- 0.05 lot acres
Jan 25, 2022
Current Use by Public Records
- Hookah Plus / Hookah Store
Property Details for 15322 Warren Ave
- Year built
- 1946
- Lot size
- 0.05 lot acres
- Property size
- 2,000 SF
- Zone code
- BB
- Property type
- Retail space
- APN
- 82 10 063 30 027
- APU
- 821006330027
Description
This 2,000 square foot industrial property located at 15322 W WARREN, Dearborn, MI, presents a unique investment opportunity. Situated on a 0.05-acre lot, the property currently operates as a thriving smoke shop, generating a stable monthly lease income of $2,000. The business boasts a diverse inventory and benefits from its location in a high-traffic area, ensuring consistent customer flow. The existing lease provides a secure return on investment while offering significant potential for future growth and expansion. The property's strong performance history, coupled with its prime location, makes it an attractive proposition for investors seeking a turnkey business with established revenue streams. The building itself offers ample space for retail operations and storage, allowing for efficient management of inventory and customer service. This is a rare opportunity to acquire a profitable, established business in a desirable location with significant upside potential. The property is priced at $79,900, representing a compelling value proposition given the current lease income and the potential for future growth. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1946
- Latitude
- 42.344
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA