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USAMIWarren28710 Van Dyke Ave
50187495-b7138130-2c8e-4b95-8565-6a25e62ad9d0.JPG | Image 1
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$2,200,000

28710 Van Dyke Ave, Warren, MI

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Businessand Real Estate
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1953
MLS® Number 58050187495

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® Number58050187495
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1953
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/CWindow Units
Heating Fuel

Extras

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