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    23146 Van Dyke Ave Warren, MI 48089

    Sponsored
    For Sale
    $145,000

    Prime Warren location, dual-income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This unique Warren, MI property at 23146 Van Dyke Avenue offers a compelling investment opportunity. Listed at $145,000, this 0.05-acre lot features a combined retail and residential space. The ground floor boasts open-plan commercial space ideal for a variety of businesses, enhanced by large windows providing ample natural light. Convenient his and hers restrooms are included. Upstairs, a two-bedroom, one-bathroom apartment provides additional income potential or owner-occupied living space. The property requires some TLC and renovations; contents are included as part of the sale. This presents a fantastic opportunity for investors seeking a dual-income stream or business owners looking to combine living and working spaces. The seller is now open to considering land contract terms with a 50% down payment, making this property even more accessible. Located in Macomb County, Michigan, with the zip code 48089, this property is situated at 42.4643975 latitude and -83.0262725 longitude. The property is zoned for commercial use. This is a rare chance to acquire a versatile property with significant upside potential in a desirable location. Don't miss this chance to own a piece of Warren's vibrant commercial landscape.

    Property Features for 23146 Van Dyke Ave

    General Information

    Property type
    Land
    Lot Size
    2,178 SF

    HighLights

    • $145,000 asking price.
    • 0.05‑acre lot in Warren, MI.
    • Retail property with a two‑bedroom apartment.
    • Needs renovation.
    • Land contract terms considered with 50% down.
    Property Profile Location Intelligence

    Current Use by Public Records

    Detroit Rock City Used Musical Instrument Store hollyweird shirts T-Shirt Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0262725
    Latitude
    42.4643975

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    FAQs

    What type of property is this?
    Land - Prime Warren location, dual-income potential.
    Where is this land located?
    The property is located at 23146 Van Dyke Ave Warren, MI.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: $145,000 asking price.; 0.05-acre lot in Warren, MI.; Retail property with a two-bedroom apartment.
    Request Owner's contact information
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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
    23146 Van Dyke Ave Warren, MI 48089
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