3900 E 14 Mile Rd - Bank FOR SALE


Warren, MI 48092- Northwest Warren
$1,500,000 USD
248-704-6000
3900 E 14 Mile Rd, Warren, MI for Sale
$1,500,000 USD
Bank - FOR SALE
1/4
null | Request Cap Rate

3900 E 14 Mile Rd
Warren, MI 48092
Northwest Warren


HIGHLIGHTS

  • Existing Structure: Save on significant ground-up construction costs by utilizing the existing building footprint.
  • Approved Drive-Thru Variance: Move-in ready for a drive-thru operator.
  • Massive Traffic Counts: Capture a portion of the approximately 40,000+ vehicles per day passing this intersection.
  • Approved Plans Included: Current plans for a coffee shop/restaurant are already in place, offering a clear roadmap to occupancy.
  • Speedway Synergy: Benefit from the high-frequency "destination" traffic generated by the brand-new national gas/convenience anchor next door.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

C-1

APN/PARCEL ID

12-13-06-228-025

ASK ABOUT THIS PROPERTY

Lance SebaBrookstone RealtorsMore Info
248-704-6000

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Lance SebaBrookstone RealtorsMore Info
248-704-6000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.