23201 Hoover Road
Warren, MI, 48089 $ 600,000
Baths0.0 Sq 4,568 Monthly Estimate*
$ 3,988
Studio
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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FeaturesInteriorHeating Fuel Natural Gas
Street Suffix Road
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GeneralSewer 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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ExteriorWaterfront 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 OnlyOriginating MLS Realcomp II Ltd
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* Excluded FeaturesList ByMark P BoettcherListing Agent
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Warren, MI
Average List Price $469,631
Percent of Sale Price 22%
About Warren, MI 136,102 Population
-2% Since 2002
$ 44,128 Median Income
40.56 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
848402 Elementary School
848146 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/1/2024 | $600,000 | | Listed Price |