16209 E WARREN Avenue Detroit, MI $ 134,900
16209 E WARREN Avenue
$ 134,900
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16209 E WARREN Avenue

Detroit, MI, 48224
$ 134,900
Bedrooms-- Baths-- Sq 4,486

Monthly Estimate*

$ 842

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Commercial Property for sale in Detroit, MI

for $134,900. This 4,486 square foot building was built in 1951 on a lot size of 0.06.

Great Opportunity for a small scale mixed-use development project on the E. Warren corridor. B4 - General Business District Zoning Classification/OPPORTUNITY ZONE (The Major Corridor Overlay Area provides the opportunity for more detailed review of proposed development). With retail space on the lower lever and a four (4) bedroom apartment located on the second level above the retail space, this property is situated along the area of the E. Warren corridor that is currently anchoring the revitalization is a $8.8-million streetscape that has made this stretch of East Warren from Three Mile Drive to Cadieux more attractive, as well as more pedestrian and business friendly. The 0.6-mile project, which spans the Morningside and East English Village neighborhoods, includes new protected bike lanes, new pavement, and sidewalks, two parking lots, ADA accessibility, improved lighting, and landscaping. There are several new real estate developments within Detroit's E. Warren corridor, including the construction of the “Ribbon”, which is the largest mixed-use development to date in the area and only two (2) minutes away from this property. "Ribbon" The aim of these developments is revitalizing neighborhoods, attracting businesses, and improving infrastructure. The E. Warren Development Corp is a community and economic nonprofit working to support the revitalization of the E. Warren Corridor, which has just recently announced the ground breaking of a public market on E. Warren where a former abandoned Pizza Hut was formerly located. "Public Market" “We’re more than just a market. We are intentional in working to support our local & small businesses to grow, sustain and thrive. This includes supporting and enhancing the E. Warren commercial corridor and adjacent neighborhoods through collaboration, community engagement, and equitable development.? The vision behind this is 100% business occupancy of E Warren with a diverse mix of walkable, accessible community-driven businesses."

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Commercial Active

Price

$ 134,900

Property Type

Commercial

Taxes

$ 2,676

Style

BusinessandRealEstate

Lot Size

0.06

Year Built

1951

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240031571

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Construction Materials Stone
Year Built 1951
Levels Two
Property Subtype BusinessandRealEstate
Current Use MixedUse
Business Type Mixed
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEVELOPMENT COS SUB NO 2 (PLATS)
Garage Y/N N
Status Active
Directions E Warren Ave & Bedford Rd
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2676.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 29809
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-07-14
Legal Description N WARREN E 864 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS WCR 21/426 24.5 X 100
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Exterior
Water Source Public
Lot Size Area 0.06
Foundation Details Poured Slab
Spa N
Building Area Total 3940.0
Lot Dimensions 25.00 x 100.00
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4486.0
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Internal Only
Street Number 1 16209
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* Excluded Features
List By
Dennis Jakub

Listing Agent

Re/Max Connection

Broker

(248) 505-2509

Phone

Affordability Calculator

$1,065
Per Month
79%
21%
0%
Monthly Principal & Interest
$842
Monthly Property Taxes
$223
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2025$134,900 -10.01% Price Down
4/7/2025$149,900 -14.29% Price Down
1/21/2025$174,900 -10.26% Price Down
12/21/2024$194,900 -9.35% Price Down
11/21/2024$214,995 -4.44% Price Down
8/9/2024$224,995 -10.00% Price Down
7/15/2024$249,995 Listed Price

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16209 E WARREN Avenue, Detroit, MI, 48224 is a Commercial Property for sale at $134,900 with 4,486 sqft and a lot size of 0.06. 16209 E WARREN Avenue was built in 1951. The property's zip code is 48224 which is in Detroit, MI