Century 21 AAA North-Macomb
Ahmed Arafa, Century 21 AAA North-MacombPhone: (586) 215-1208
Email: [email protected]
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listing
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CommercialFor Sale
$600,000
23201 Hoover
Warren, MI 48088
Courtesy of LawyersRealtyMI
MLS: East Central AOR
4,568Sq Ft
Est. Mortgage
$3,197/mo

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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