23201 HOOVER Road Warren, MI $ 600,000
23201 HOOVER Road
$ 600,000
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23201 HOOVER Road

Warren, MI, 48089
$ 600,000
Baths0.0 Sq 4,568

Monthly Estimate*

$ 4,191

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Studio

Commercial Property for sale in Warren, MI

for $600,000. This 4,568 square foot building was built on a lot size of 0.22.

Joseph’s General Store, ran by a beloved local operator, is conveniently situated between walkable residential and light industrial, heavy density, high traffic Hoover Road in Warren. The owner’s family has relocated and the property no longer fits their investment profile. It suffered a fire on the roof, which has since been repaired, and the last full year of operations was 2020. Owner was working with the city of Warren, insurance and contractors during such a difficult (Covid) time, and decided, after much trepidation, not to re-open. The liquor license was sold. The store has been cleared out of inventory, and the former-operating S Corp is all but moot. Before the fire closed it in 2021, it had clearly cemented its status as the walk to, drive up, or stop in store in the area. Full beer caves, racks of snacks, a wall of liquor, with lottery, pizza, and an ATM, it served a population living or working near as well as just traveling by. All equipment, coolers, counters, racks, bottle machine, ice maker, etc., all remain with the property at the asking price. Seller with work with a buyer expecting a DIFFERENT USE, and needing the equipment cleared out, if the use is to change. Seller will consider leasing property to a qualified operator if a lessee wants to open or bring their business to the real estate.

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,808

Style

Commercial/Industrial

Lot Size

0.22

Town/City

Warren

County/Region

Macomb

MLS | Web ID

60285528

Features
General
Heating Forced Air
Possession At Close
Roof Other-See Remarks
Water Public Water
Status Active Active
Year Built 19
Subdivision S/P JACOBS FARM MI
County Macomb
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Warren
Zoning Industrial
Commercial Features 220 Volt Power
Area Warren (50023)
Primary City Warren
Directions N of 9 Mile on W side of Warren
City Warren
Street Name HOOVER
Financial Terms Cash
Legal Description SUPERVISORS PLAT OF JACOBS FARM LOT 23 L24 P4
DOM 88
Postal Code 48089
Price Per Sq Ft 131.35
Coming Soon Joseph’s General Store ran by a beloved local operator is conveniently situated between walkable residential and light industrial heavy density
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Exterior
Frontage 120
Lot Size Area 0.22
Lot Dimensions 120.00 x 160.00
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Mark Boettcher

Listing Agent

Lawyersrealtymi

Broker

Mark@LawyersRealtyMI.com

Email

Affordability Calculator

$4,842
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,191
Monthly Property Taxes
$651
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$600,000 Listed Price

Map


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23201 HOOVER Road, Warren, MI, 48089 is a Commercial Property for sale at $600,000 with 4,568 sqft and a lot size of 0.22. 23201 HOOVER Road is a studio with 0.0 baths. The property's zip code is 48089 which is in Warren, MI