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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 1,800,000

Est. payment -/mo

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Price Dropped by $200K

4296 Van Dyke Avenue Almont Vlg, MI 48003

24,067 SqFt

UPDATED:

09/20/2024 11:30 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 24,067 sqft

Price per Sqft $74

MLS Listing ID 58050102717

Originating Board MiRealSource

Year Built 2000

Annual Tax Amount $19,426

Lot Size 6.940 Acres

Acres 6.94

Lot Dimensions 275x1100

Property Description

282 feet of Van Dyke frontage with high exposure count of 20,000 vehicles per day. Located just North of downtown Almont. Strategically located just south of I-69 offering easy freeway access to I-94 Port Huron, I-75 Flint, North to Port Austin or South to Detroit. 2 buildings approximately 12,000 square feet each, special C-3 Zoning allows for commercial, industrial, retail, self storage and RV/truck storage. Buildings constructed in 2000 and are in excellent condition with free span construction for flexibility use, eighteen foot ceilings, truck well, three phase power, 880 volt. Central air, gas forced air heat, metal roof, septic and well. 5,000 square feet of office space. Building One is currently under three year lease with option to renew for six more years. Building Two has six units rented with one vacancy. Net operating income is $203,194.00 with a 11.28% cap rate.

Location

State MI

County Lapeer

Area Almont Vlg

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Pool No

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Schools

School District Almont

Others

Tax ID 00101601505

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Century 21 Town & Country-Clinton

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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