Listing Agency: Paradise Realty II LLC Show Phone

Listed By: Aggie R Fisk

Source: Charterpropertiesgr

Added: Oct 30 Last Checked: Oct 30 at 2:52PM

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Investment Insights

Based on property information with market context.

This mixed-use property pairs a commercial storefront with an attached residence containing four bedrooms and two full bathrooms. The commercial space previously operated as a florist and gift shop, and parking is available on site. City water and sewer are connected to the property.

The 0.68-acre property fronts Van Dyke Avenue, with 100 feet of road frontage, at 47801 Van Dyke Avenue in Shelby Township, Michigan.

Key Highlights

• 0.68‑acre mixed‑use property
• 100 foot of road frontage on Van Dyke Avenue
• Attached residence has 4 bedrooms and 2 full baths

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Food Market Pharmacy Plumbing Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

586

Businesses Nearby

89k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 57% Groceries 30% Shops & Services 6% Beauty & Spa 5%

Aldi Groceries

26,791 visits/mo 0.3 miles

McDonald's Dining

20,956 visits/mo 0.2 miles

Taco Bell Dining

10,163 visits/mo 0.4 miles

Tim Hortons Dining

9,964 visits/mo 0.4 miles

Arby's Dining

5,712 visits/mo 0.2 miles

Demographics for 48317, MI

27,864

Population

12,936

Households

2.2

Avg Household Size

39

Median Age

32%

College-Educated

90%

High-School Grad

12.0 sq mi

ZIP Area

2,322

Density / Sq Mi

$72,465

Median Household Income

$41,895

Median Earnings

$1,227

Median Rent

$248,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Specialty Property with Basement

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The property combines a commercial storefront with an attached four-bedroom home and city water and sewer connections.

Where is this mixed-use property located?

The property is located at 47801 Van Dyke Avenue Shelby Twp, MI.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: 0.68‑acre mixed‑use property; 100 foot of road frontage on Van Dyke Avenue; Attached residence has 4 bedrooms and 2 full baths