4296 Van Dyke Rd - Warehouse FOR SALE


Almont, MI 48003
$1,800,000 USD
586-489-7373
4296 Van Dyke Rd, Almont, MI for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/27
null | 11.28% Cap Rate

4296 Van Dyke Rd
Almont, MI 48003


HIGHLIGHTS

  • Located North of Downtown Almont.
  • Special C-3 Zoning.
  • Freeway access to I-94 Port Huron, I-75 Flint, North to Port Austin or South to Detroit.
  • RV/Truck Storage.
  • Industrial/Commercial.
  • Warehouse.

OVERVIEW

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. Recent in 2024: two new roofs, four new furnaces, three new A/C units. 5,000 square feet of office space. Building One is currently under lease until September 2026 with option to renew for six more years. The cap rate of the properties is 11.28%, having a net operating income of $203,194.00. The annual taxes of the properties amount to $20,355.00.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

11.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

Lighting - Fluorescent, Water - Well, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

150

LAND DETAILS

LAND ACRES

6.94

LAND SF

302,306

ZONING

C-3

APN/PARCEL ID

001-016-015-05

ASK ABOUT THIS PROPERTY

Mike KrissCentury 21 Town & CountryMore Info
586-489-7373

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Mike KrissCentury 21 Town & CountryMore Info
586-489-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.