15801 Warren, Detroit, MI 48228

• 2,581 sqft

Property Description

Welcome to a versatile mixed-use commercial property located at 15801 W Warren Ave, Detroit, positioned along a well-traveled commercial corridor near Southfield Freeway, offering excellent visibility, accessibility, and long-term demand. This over 2,500 SF brick building sits on a corner parcel and is fully leased, providing immediate cash flow for investors seeking stabilized income with upside. The ground floor retail space is occupied by an established appliance store benefiting from consistent foot traffic and strong neighborhood presence. The retail component anchors the property's income stream while leveraging West Warren Avenue's exposure, proximity to surrounding residential density, and easy freeway access. Above the retail space are two residential units, including a 1-bedroom and a 2-bedroom apartment, both leased, creating diversified income across commercial and residential uses. The mixed-use configuration reduces vacancy risk and enhances long-term asset stability. Financially, the property generates $2,600 in monthly rent and $31,200 in annual gross income, with NOI of approximately $25,000 after operating expenses, and 100% occupancy at time of listing. The building was remodeled in 2018 and features central air, forced-air heating, public utilities, and a full basement. Zoning supports a wide range of commercial uses including retail, professional office, medical, service, and mixed-use operations. Located minutes from major thoroughfares, neighborhood retail, and dense residential pockets, this asset offers immediate yield with long-term appreciation potential. Ideal for investors seeking a stabilized mixed-use property in a proven Detroit corridor.

Listing Status:

Active

Date Added:

January 27, 2026

Data Last Updated:

February 15, 2026 at 7:48PM

Listing Office:

EXP Realty Main : 888-501-7085

Listing Agent:

Salman Roumie : 312-846-0556

MLS ID:

60966185

Interior

• Appliances: Gas Water Heater
• Heating: Forced Air

Construction

• Roofing: Asphalt
• General: BrickBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• County: Wayne

Lot

• Zoning: N WARREN E 364 ARTHUR J SCULLYS RIFLE RANGE SUB L45 P34 PLATSW C R 21/680 40 X 100

Utilities

• Utilities: 220 Volts
• Water: Public

Financial

• Source: MiRealSource