$ 1,800,000
4296 Van Dyke Avenue Almont, MI 48003
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$ 1,800,000
Est. payment /mo
Price Dropped by $200K
4296 Van Dyke Avenue Almont, MI 48003
24,067 SqFt
UPDATED:
09/20/2024 10:06 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 24,067 sqft
Price per Sqft $74
Subdivision Mi
MLS Listing ID 50102717
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 (44020)
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage On Site, Parking Lot
Waterfront No
Roof Type Asphalt
Building
Lot Description Industrial
Foundation Slab
Water Private Well
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Century 21 Town & Country-Clinton