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    67280 Van Dyke Ave Washington, MI 48095

    For Lease
    $12 SF/Yr ($1,871 /Mo)

    Prime 1,734 SF Retail Building in Washington, MI

    Lot size:
    1,734 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,734-square-foot freestanding retail building presents a unique investment opportunity in the thriving community of Washington, Michigan. Situated on a spacious 1.418-acre lot at 67280 Van Dyke Ave, this single-story, Class C property boasts ample parking and high visibility from Van Dyke Avenue, a major thoroughfare. Built in 1960, the building is currently vacant, offering a blank canvas for a variety of retail uses. Its convenient location near the intersection of Van Dyke Avenue and 31 Mile Road places it within easy reach of local residents and tourists alike, particularly benefiting from the annual Romeo Peach Festival. The property's General Commercial zoning allows for flexibility in tenant selection. The building features no elevators, but ample parking is available. The property's parcel number is 24-04-02-376-003 in Macomb County. This is a rare opportunity to establish a business in a desirable location with significant foot traffic and visibility. The property's size and location make it ideal for a variety of retail concepts. The entire 1,734 square feet is available for immediate occupancy. This property offers a strong potential for return on investment due to its prime location and high visibility. Don't miss this chance to secure a prominent retail space in a growing community.

    Property Features for 67280 Van Dyke Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,734 SF
    Class
    C
    Total Rate
    1871.27

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,734 SF
    Rate per SF
    $12

    HighLights

    • Prime Romeo location, popular tourist destination (especially during the annual Peach Festival).
    • Freestanding building ideal for diverse retail uses.
    • High visibility from Van Dyke Avenue.
    • Inquire for additional information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    Macomb
    State
    Michigan
    Longitude
    -83.013205940941
    Latitude
    42.788606351582

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    FAQs

    What type of property is this?
    Retail property - Prime 1,734 SF Retail Building in Washington, MI
    Where is this retail property located?
    The property is located at 67280 Van Dyke Ave Washington, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime Romeo location, popular tourist destination (especially during the annual Peach Festival).; Freestanding building ideal for diverse retail uses.; High visibility from Van Dyke Avenue.
    Request Owner's contact information
    67280 Van Dyke Ave Washington, MI 48095
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    Washington, MI 48095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    67280 Van Dyke Ave Washington, MI 48095
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