2941 E WARREN Avenue Detroit, MI $ 900,000
2941 E WARREN Avenue
$ 900,000
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2941 E WARREN Avenue

Detroit, MI, 48207
$ 900,000
Bedrooms-- Baths-- Sq 29,400

Monthly Estimate*

$ 5,615

2941 E WARREN Avenue, Detroit, MI 48207 - Image 1
2941 E WARREN Avenue, Detroit, MI 48207 - Image 2
2941 E WARREN Avenue, Detroit, MI 48207 - Image 3
2941 E WARREN Avenue, Detroit, MI 48207 - Image 4
2941 E WARREN Avenue, Detroit, MI 48207 - Image 5
2941 E WARREN Avenue, Detroit, MI 48207 - Image 6
2941 E WARREN Avenue, Detroit, MI 48207 - Image 7
2941 E WARREN Avenue, Detroit, MI 48207 - Image 8

Commercial Property for sale in Detroit, MI

for $900,000. This 29,400 square foot building was built in 1913 on a lot size of 0.28.

Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI

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Commercial Active

Price

$ 900,000

Property Type

Commercial

Taxes

$ 1,147

Style

RealEstateOnly

Lot Size

0.28

Year Built

1913

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250000208

Features
General
Sewer SewerAtStreet
Heating ForcedAir
Possession AtClose
Construction Materials Brick
Year Built 1913
Levels Story4to10
Property Subtype RealEstateOnly
Current Use Vacant Warehouse
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ADELE CAMPAU THOMPSON SUB (PLATS)
Garage Y/N N
Status Active
Directions Head West on E Warren from Mcdougall
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1147.0
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 Owner
Tax Assessed Value 123400
Expected Active Date 2025-01-02
Legal Description W MITCHELL 42-41 ADELE CAMPAU THOMPSON SUB L17 P7 PLATS W C R 11/103 58 X 102.2
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Exterior
Water Source WateratStreet
Lot Size Area 0.28
Foundation Details Basement BrickMortar
Spa N
Building Area Total 29400.0
Lot Dimensions 118 x 102
Lot Size Acres 0.28
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) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 29400.0
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Internal Only
Street Number 1 2941
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* Excluded Features
List By
Alex Lauer

Listing Agent

Clyde Realty Llc

Broker

(313) 974-1830

Phone

Affordability Calculator

$5,710
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,615
Monthly Property Taxes
$96
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
1/29/2025$900,000 -18.18% Price Down
1/2/2025$1,100,000 Listed Price

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2941 E WARREN Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $900,000 with 29,400 sqft and a lot size of 0.28. 2941 E WARREN Avenue was built in 1913. The property's zip code is 48207 which is in Detroit, MI