31100 Hoover Road Warren, MI
$ 175,000
Property Attributes
  • ID#2210042290
  • TypeCommercial
  • CountyMACOMB
  • CityWarren
  • AreaWarren
  • Zip48093
  • StyleBarber, Retail, Service
  • Year Built1963
  • Taxes$ 5320
  • Price$ 175,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2000
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
A Smart Move Realty
Data Source:
RealComp - 83 - MI
Property Description

Great investment opportunity providing instant cash flow on this fully leased 3 unit commercial building in a high traffic location. Units are leased, 2 units by long term tenants. Large parking lot with ample parking. Full operating and financial data available upon request. Unit 1 is 400 sq. ft. (MTM @ $750)., unit 2 600 sq. ft. ($750 and leased until 12/2021), and unit 3 is 1,000 sq. ft. ($600 and leased until 3/24). Please do not approach or disturb tenants!

Price History
6/4/2021 Listed $199,900
8/5/2021 13% - $175,000

General Features

Business Type Retail, Service
Commercial Type Real Estate Only
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 100
Current Use Barber, Retail, Service
Gross Scheduled Income 25200.00
Heating Central Air, Forced Air
Listing Agent Public Id 316796
Net Operating Income 18879.31
Operating Expense 6320.69
Ownership Status Private Owned, Short Sale - No
Parcel Number 1302354030
Possession At Close
Property Type Commercial
School District Warren Con
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 2000
Transaction Type Sale
Year Built 1963
Zoning Commercial

Interior Features

Heating Fuel Natural Gas
Total Units 3

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 55
Lot Size Area 0.25
Lot Size Dimensions 55.00X200.00
Roof Material Asphalt
Water Source Municipal Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via Silverstone Real Estate and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 19, 2021 5:21 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd. Real estate listings held by firms other than Silverstone Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker's Firm Name

Property vs Commercial Average in 48093

AVG $130K
AVG $7,002
AVG 81
Year Built
AVG 1972
AVG 48
Data Provided by Walkscore ® not using MLS data