Warren, MI 48093,28710 VAN DYKE Avenue
Warren, MI 48093,28710 VAN DYKE Avenue
Warren, MI 48093,28710 VAN DYKE Avenue
Warren, MI 48093,28710 VAN DYKE Avenue
Warren, MI 48093,28710 VAN DYKE Avenue
Warren, MI 48093,28710 VAN DYKE Avenue
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Place Perfect Realty

Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 2,200,000
Est. payment | /mo

7,335 SqFt


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$ 2,200,000
Est. payment | /mo
Save

7,335 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 7,335 sqft

Price per Sqft $299

Subdivision Mi

MLS Listing ID 50187495

Year Built 1953

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions .088

Property Sub-Type Commercial/Industrial

Property Description

RARE INVESTMENT OPPORTUNITY: Located at 28710 Van Dyke Ave, Warren, MI 48093, this exceptional property is a true gem in the heart of Warren, Michigan. Featuring a 20-Unit Extended Stay Motel, House, Restaurant, and Apartment, this recession-proof and pandemic-proof investment offers a lucrative endeavor for savvy investors. Situated on 0.88 acres with 246' of frontage on Van Dyke Avenue, this property boasts a prime location in a retail corridor surrounded by national tenants and close to Warren's prominent manufacturing and automotive facilities. With a daily vehicle count of 75,000, multiple points of ingress/egress, and 30,000 employees within a one-mile radius, this property presents an incredible opportunity for growth and profit. Highlights include a cap rate of 10.79%, recent renovations in 2022, including parking lot resurfacing and restaurant updates with a new 3-year lease, on-site manager 24/7, ample parking with 40 spaces, and excellent demographics. Don't miss out on this turnkey investment!

Location

State MI

County Macomb

Area Warren (50023)

Zoning 3+ Multi,Commercial

Interior

Cooling Window Unit(s)

Exterior

Parking Features 21+ Spaces

Roof Type Shingles

Building

Foundation Slab

Water Public Water

Structure Type Full Masonry,Shingle

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Commercial Loan,Land Contract

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Brookstone, Realtors LLC
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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28710 VAN DYKE Avenue