Detroit, MI 48224,16209 E WARREN AVE
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16209 E WARREN AVE Detroit, MI 48224

4,486 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 4,486 sqft

Price per Sqft $30

Subdivision East Detroit Development Cos Sub No 2 (Plats)

MLS Listing ID 20240031571

Year Built 1951

Property Sub-Type BusinessandRealEstate

Property Description

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."

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Exterior

View Y/N No

Building

Foundation Poured, Slab

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Dennis Jakub of Re/Max Connection
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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16209 E WARREN AVE