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7231 Chicago Road Warren, MI $ 500,000
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$ 500,000 Get more info
7231 Chicago Road
$ 500,000
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7231 Chicago Road

Warren, MI, 48092
$ 500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,079

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Commercial Property for sale in Warren, MI

for $500,000. This building was built in 1972 on a lot size of 1.22.

Turn-Key Banquet Hall for Sale- Warren, MI. Beautifully designed and fully furnished event space, ideal for weddings, parties, and corporate events. Features include a stylish reception area, commercial kitchen, elegant decor, and outdoor patio. Located in a prime area with ample parking, it’s move-in ready for event planners, caterers, or hospitality entrepreneurs. Call to schedule a private appointment.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 16,853

Style

Business

Lot Size

1.22

Year Built

1972

Town/City

Warren

County/Region

Macomb

MLS | Web ID

20251010188
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Rubber
Garage Spaces 0.0
Construction Materials Block Brick Stucco
Year Built 1972
Levels One
Property Subtype Business
Current Use Restaurant
Business Type Commercial Mixed Retail Service
County Macomb
Net Operating Income 44244.39
Operating Expense 179439.61
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions N of Chicago / W of Van Dyke
City WarrenCity_Macomb
Senior Community Y/N N
High School District WarrenCon
Zoning Description Commercial Multiple
MLS Area Area03131Warren
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 16853.0
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
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251010188
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 245835
Expected Active Date 2025-06-19
Legal Description T1N R12E SEC 4; BEG AT A PT S82*51'30 E 1286.67 FT FROM INTER OF CEN LINE OF CHICAGO RD & E LINE OF M.C.R.R. R/W; TH S82*51'30 E 262.83 FT; TH N7*39'30 E 273.04 FT; TH S75*05'W 70.76 FT; TH N67*54'
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Basement Block Slab
Spa N
Building Area Total 6207.0
Lot Dimensions 245X243X102X71X234
Lot Size Acres 1.22
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
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Internal Only
Street Number 1 7231
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* Excluded Features
List By
Amanda Thuwaini

Listing Agent

Community Choice Realty Inc

Broker

(586) 222-3399

Phone

Affordability Calculator

$4,483
Per Month
69%
31%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$1,404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4909797 Elementary School
4909189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/19/2025$500,000 Listed Price

Map

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7231 Chicago Road, Warren, MI, 48092 is a Commercial Property for sale at $500,000 with a lot size of 1.22. 7231 Chicago Road was built in 1972. The property's zip code is 48092 which is in Warren, MI

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