23201 Hoover Road Warren, MI $ 600,000
23201 Hoover Road
$ 600,000
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23201 Hoover Road

Warren, MI, 48089
$ 600,000
Baths0.0 Sq 4,568

Monthly Estimate*

$ 3,988

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Studio

Commercial Property for sale in Warren, MI

for $600,000. This 4,568 square foot building was built in 1961 on a lot size of 0.22.

Joseph’s General Store, ran by a beloved local operator, is conveniently situated between walkable residential and light industrial, heavy density, high traffic Hoover Road in Warren. The owner’s family has relocated and the property no longer fits their investment profile. It suffered a fire on the roof, which has since been repaired, and the last full year of operations was 2020. Owner was working with the city of Warren, insurance and contractors during such a difficult (Covid) time, and decided, after much trepidation, not to re-open. The liquor license was sold. The store has been cleared out of inventory, and the former-operating S Corp is all but moot. Before the fire closed it in 2021, it had clearly cemented its status as the walk to, drive up, or stop in store in the area. Full beer caves, racks of snacks, a wall of liquor, with lottery, pizza, and an ATM, it served a population living or working near as well as just traveling by. All equipment, coolers, counters, racks, bottle machine, ice maker, etc., all remain with the property at the asking price. Seller with work with a buyer expecting a DIFFERENT USE, and needing the equipment cleared out, if the use is to change. Seller will consider leasing property to a qualified operator if a lessee wants to open or bring their business to the real estate.

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,808

Style

Lot Size

0.22

Year Built

1961

Town/City

Warren

County/Region

Macomb

MLS | Web ID

20240006246

Features
Interior
Heating Fuel Natural Gas
Street Suffix Road
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Light Industrial
Year Built 1961
Business Type Retail Industrial
Property Type Commercial
Subdivision Name S/P JACOBS FARM
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Stucco
Cumulative Days on Market 125
MLS Area Warren
Directions N of 9 Mile on W side of Warren
City Warren
Terms Offered Cash Warranty Deed
School District Van Dyke
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name HOOVER
Assessment 0.00
Total Sq Ft 4568
DOM 125
Taxes 7808.0000
Legal Description SUPERVISORS PLAT OF JACOBS FARM LOT 23 L24 P4
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Exterior
Waterfront 0
Lot Size Area 0.22
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 120.00 x 160.00
Roof Material Other
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Mark P Boettcher

Listing Agent

Lawyersrealtymi

Broker

(866) 575-4787

Phone

Affordability Calculator

$4,638
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
$651
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848402 Elementary School
848146 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$600,000 Listed Price

Map


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23201 Hoover Road, Warren, MI, 48089 is a Commercial Property for sale at $600,000 with 4,568 sqft and a lot size of 0.22. 23201 Hoover Road is a studio with 0.0 baths and was built in 1961. The property's zip code is 48089 which is in Warren, MI