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3900 E 14 Mile Rd 4,859 SF Retail Building Warren, MI 48092 $1,500,000 ($308.71/SF)
Investment Highlights
- Existing Structure: Save on significant ground-up construction costs by utilizing the existing building footprint.
- Massive Traffic Counts: Capture a portion of the approximately 40,000+ vehicles per day passing this intersection.
- Speedway Synergy: Benefit from the high-frequency "destination" traffic generated by the brand-new national gas/convenience anchor next door.
- Approved Drive-Thru Variance: Move-in ready for a drive-thru operator.
- Approved Plans Included: Current plans for a coffee shop/restaurant are already in place, offering a clear roadmap to occupancy.
Executive Summary
A rare opportunity to occupy or redevelop an existing building at the high-traffic intersection of 14 Mile and Ryan Road. A brand-new Speedway development is underway right next door. The property offers a massive head start for a coffee shop with approved patio seating or QSR.
The site features current plans and an approved use variance for a drive-thru. A highly coveted asset in this corridor that typically requires months of municipal approvals. Skip the rezoning process and move straight into the build-out.
The site features current plans and an approved use variance for a drive-thru. A highly coveted asset in this corridor that typically requires months of municipal approvals. Skip the rezoning process and move straight into the build-out.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,859 SF
Building Class
C
Year Built
1971
Price
$1,500,000
Price Per SF
$308.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.72 AC
Zoning
C-1 - C-1 Local Business in the City of Warren
Parking
35 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
200’ on 14 Mile Rd
Amenities
- Drive Thru
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-13-06-228-025 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $330,320 |
Property Taxes
Parcel Number
12-13-06-228-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,320
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3900 E 14 Mile Rd
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