4296 Van Dyke Avenue $1,800,000

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    4296 Van Dyke Avenue Almont, MI 48003

    • 24,067 sq. ft.
    • 6.94 Acres
    • Commercial
    • MLS# 50102717
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    Views: 107 Days On Site: 619

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    Property Details

    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.

    • General Features
      • Acreage 6.94
      • Area Municipality Almont (44020)
      • County Lapeer
      • Originating MLS MiRealSource
      • Ownership Private
      • Total SqFt Finished 24067
      • Waterfront Y/N No
      • Year Built 2000
    • Building Features
      • Cooling System Central A/C
      • Exterior Features Security Lighting
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Private Well
      • LOT DESCRIPTION Industrial
      • PARKING On Site,Parking Lot
      • Lot Size 275x1100
      • Roads Paved Street
      • Sewer Septic Septic

    Neighborhood

    48003 (Almont) Demographics

    43 Median Age
    176 Population Density (per sq. mile)
    33% College Educated
    $80,270 Estimated Median Income
    2,016 Estimated Total Home Owners
    180 Estimated Total Renters
    92% / 8% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    5,837 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $385,000 Median Sales Price
    6 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        9/20/2024 6:22:36 PM Price Reduced Source: Multiple Listing Service New Value: $1,800,000 -10%
        5/14/2024 12:51:12 PM Status Changed Source: Multiple Listing Service New Value: Active
        3/6/2023 9:51:00 AM New in Database Source: Multiple Listing Service New Value: $2,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.