MI
Macomb
Warren City
48093
28710 VAN DYKE Avenue
28710 VAN DYKE Avenue, Warren City, MI 48093
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
8
$2,200,000

Home Details for 28710 VAN DYKE Avenue

Price
$2,200,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1953
Lot size acres
1
County
Macomb
Garage
Days on site
169
MLS Listing#
58050187495
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!

Property Features
  • Utilities
    • Cable Available
    • Natural Gas Available
    • Natural Gas Connected
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Other
Listing Courtesy: Brookstone, Realtors LLC - 248-963-0505
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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