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    OFF-MARKET
    Office buildings

    22300 Warren Ave, Detroit, MI 48239-1025

    1,848 SF 0.06 ac lot Built 1957
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US43-0371491
    Property summary
    AI-generated overview

    This exceptional 1,900 square foot industrial building, situated on a 0.06-acre lot at 22300 W Warren in Redford, MI, presents a remarkable investment opportunity. Currently configured as a large CPA office, this versatile property offers a multitude of potential uses, including medical offices, urgent care facilities, law offices, HVAC or plumbing businesses, or even a retail store. Its excellent condition and prime location at the border of Dearborn Heights and Redford ensure high visibility and traffic. The building boasts ample street parking, a significant advantage for clients and employees. The strategic corner location further enhances its appeal. This property is ideally suited for businesses seeking a high-traffic, easily accessible location. Note that an adjacent building is also available for purchase, offering the potential for expansion or consolidation. This presents a unique chance to acquire a substantial footprint in a thriving area. The asking price is $239,900. Don't miss this chance to secure a property with such diverse potential and excellent location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1957
    Total area 1,848 SF
    Lot 0.06 ac (2,614 SF)
    Zoning code B4
    APN 22000459.
    UPID US43-0371491
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Tanweer Investments LLC · 14 yrs held
    Tanweer Investments LLC
    since 2012
    1 recorded transaction
    2012
    $45,172
    Zoning & alternative use
    B4 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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