Warren, Michigan, is a prime location for investing in warehouses, with 24 available listings offering a range of opportunities for businesses and investors. Warehouses in Warren represent a solid investment choice, providing a space for storage, manufacturing, and distribution. These properties can be used for various purposes, including light industrial activities, logistics, and supply chain management. Warren's strategic location, with easy access to major highways like I-696 and M-53, makes it an attractive option for companies seeking to establish a strong presence in the region. The city's amenities, including the St. John Providence Health System and the Warren Department of Parks and Recreation, contribute to a favorable business environment. Additionally, Warren's proximity to Detroit and its rich history, dating back to 1830, make it an appealing location for businesses and investors alike. With attractions like the General Motors Technical Center and the United States Army Detroit Arsenal, Warren is a great place for business and travel.
Warren's warehouses offer a unique blend of functionality and accessibility, with many properties featuring modern amenities and infrastructure. In addition to warehouses, Warren also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Warren provide opportunities for heavy manufacturing and production, while land plots offer a blank canvas for development. Residential income homes in Warren cater to investors seeking rental income, and commercial real estate properties provide space for retail, office, and other business activities. With its diverse economy, rich history, and modern amenities, Warren is an attractive location for businesses and investors seeking to establish a strong presence in the region. Overall, Warren's warehouses and other property types offer a compelling investment opportunity, with the city's unique blend of history, infrastructure, and amenities making it an ideal location for businesses and investors alike.
What are the key features investors look for in warehouses in Warren?
When searching for warehouses in Warren, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $111 USD, with an average size of 20,174 square feet and a maximum size of 60,450 square feet, offering ample space for storage and operations.
- A competitive average cap rate of 5.71%, providing a strong potential for returns on investment.
- Proximity to major transportation hubs, such as I-696, M-53, and M-97, which facilitate easy access to Detroit, Sterling Heights, and northern Macomb County, making it an ideal location for logistics and distribution.
What size warehouses are available to buy in Warren?
Warehouses for sale in Warren, Michigan, range in size from 20,174 square feet to 60,450 square feet, with 24 available listings to choose from, offering a variety of options for businesses and investors.
How much does it cost to buy a warehouse in Warren?
When it comes to buying a warehouse in Warren, Michigan, the cost can vary depending on the size and features of the property, but based on current listings, the average price per square foot is $111 USD, with an average size of 20,174 square feet, and the largest available warehouse spanning 60,450 square feet, with a total of 24 available listings to choose from.
