3837 Warren Ave Detroit, MI 48208-1821
- Retail space
- 7,200 SF
- 0.14 lot acres
Dec 15, 2020
Current Use by Public Records
- Retail space
Property Details for 3837 Warren Ave
- Year built
- 1924
- Lot size
- 0.14 lot acres
- Property size
- 7,200 SF
- Zone code
- B4
- Property type
- Retail space
- APN
- 14001110.
- APU
- 14001110
Description
This exceptional mixed-use property in Detroit, Michigan, presents a unique investment opportunity. Located at 3837 W Warren Ave, 48208, this warehouse building previously housed Vicki's Barbecue restaurant, boasting a well-established customer base and significant earning potential. The sale includes the building and the established business (see separate listing for business price). The warehouse itself offers versatile space adaptable for various uses, including expansion of the existing dining area or the creation of new entertainment spaces. The property also features the potential for three upper-level apartment units, adding further income streams. The building requires updates and renovations to reach its full potential. Serious buyers must provide proof of funds or pre-approval before scheduling a showing. Profit and loss statements will be provided to qualified prospective purchasers. This is a chance to acquire a thriving business and a valuable real estate asset with substantial upside. The property is situated in Wayne County and offers a prime location in Detroit.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $110,000
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1048
- Latitude
- 42.3446
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
