4296 Van Dyke Avenue , Almont, MI 48003
Almont, MI 48003
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.
Details
| MLS# | 50102717 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 680 |
| Listing Provided By | Century 21 Town & Country-Clinton | Mike Kriss |
Features
| SQ Feet | 24,067 |
|---|---|
| Acreage | 6.94 |
| Water Front | Yes |
Market Activity 48003
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Learn More About This Property
| State | MI |
|---|---|
| County | Lapeer |
| City | Almont |
| Zip Code | 48003 |
| Area | Almont (44020) |
| Listing VS Median (in 48003) | |
Price: $1,800,000 low | high Med: $421,950 SqFt: 24,067 low | high Med: 2,362 $ / SqFt: $75 low | high Med: $198 On Site: 680 low | high Med: 99.500000 | |