23201 HOOVER Road
Warren, MI, 48089 $ 600,000
Baths0.0 Sq 4,568 Monthly Estimate*
$ 4,191
Studio
for $600,000. This 4,568 square foot building was built on a lot size of 0.22.
Josephââ¬â¢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 ownerââ¬â¢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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FeaturesGeneralHeating 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 Josephââ¬â¢s General Store ran by a beloved local operator is conveniently situated between walkable residential and light industrial heavy density
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ExteriorFrontage 120
Lot Size Area 0.22
Lot Dimensions 120.00 x 160.00
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByMark BoettcherListing Agent
Mark@LawyersRealtyMI.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Warren, MI
Average List Price $443,908
Percent of Sale Price 26%
About Warren, MI 136,102 Population
-2% Since 2002
$ 44,128 Median Income
40.56 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/1/2024 | $600,000 | | Listed Price |