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16205 E Warren Avenue Detroit, MI $ 75,000
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16205 E Warren Avenue
$ 75,000
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16205 E Warren Avenue

Detroit, MI, 48224
$ 75,000
Bedrooms-- Baths--

Monthly Estimate*

$ 518

16205 E Warren Avenue, Detroit, MI 48224 - Image 1
16205 E Warren Avenue, Detroit, MI 48224 - Image 2
16205 E Warren Avenue, Detroit, MI 48224 - Image 3
16205 E Warren Avenue, Detroit, MI 48224 - Image 4
16205 E Warren Avenue, Detroit, MI 48224 - Image 5
16205 E Warren Avenue, Detroit, MI 48224 - Image 6
16205 E Warren Avenue, Detroit, MI 48224 - Image 7
16205 E Warren Avenue, Detroit, MI 48224 - Image 8

Commercial Property for sale in Detroit, MI

for $75,000. This building was built in 1951 on a lot size of 0.06.

The transaction is for the assets/business entity only, no real property or land is included. The business operates in a highly desirable, leased space. The current lease is assignable to a qualified buyer, subject to landlord approval and background check. Perfect opportunity for an owner-operator looking to take over a fully equipped location with immediate cash flow. This is a bakery and grocery store well known in its local area. It has been in business for decades, netting approximately $130000 per year.

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Commercial Active

Price

$ 75,000

Property Type

Commercial

Taxes

$ 3,281

Style

Business

Lot Size

0.06

Year Built

1951

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261080400
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1951
Levels One
Property Subtype Business
Current Use Restaurant Retail
Business Type Other
County Wayne
Net Operating Income 132000.0
Operating Expense 23500.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS SUB 2
Garage Y/N N
Status Active
Directions West of Outer Dr on Warren
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial Office
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3281.0
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 Tenant
Tax Assessed Value 35276
Expected Active Date 2026-10-06
Legal Description N WARREN E 865 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS W C R 21/426 24.68 IRREG
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Exterior
Water Source Public
Spa N
Building Area Total 1837.0
Lot Dimensions 24.68X100
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type Other
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 N
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 16205
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* Excluded Features
List By
Carla El Esrawi

Listing Agent

Arg Realty

Broker

(313) 633-5077

Phone

Affordability Calculator

$791
Per Month
65%
35%
0%
Monthly Principal & Interest
$518
Monthly Property Taxes
$273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/6/2026$75,000 Listed Price

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16205 E Warren Avenue, Detroit, MI, 48224 is a Commercial Property for sale at $75,000 with a lot size of 0.06. 16205 E Warren Avenue was built in 1951. The property's zip code is 48224 which is in Detroit, MI

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