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    OFF-MARKET
    Retail properties & Spaces

    58540 Van Dyke Ave, Washington, MI 48094

    6,200 SF 0.22 ac lot Built 1900
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6,200 square foot commercial building, located at 58540 Van Dyke Ave in Washington, MI 48094, presents multiple leasing opportunities. Built in 1900 and extensively renovated in 1999, this single-story building offers 14 suites, with a minimum divisible space of 280 square feet and currently 5,008 square feet vacant. The property sits on a 0.22-acre lot (APN: 0434151002) and is zoned for commercial and office use. Ideal for various businesses, including executive, medical, and traditional office uses, this versatile space boasts modern amenities. Convenient features include on-site laundry, conveniently located bathrooms, ample parking, an updated security system with cameras, heated snow-melt walkways and patios, and separate gas and electric meters. Current tenants represent a diverse mix of businesses, including a hair salon, insurance company, photographer, counseling services, and massage therapy. The building is conveniently located south of 27 Mile Road and east of Van Dyke Avenue. Several spaces are available for lease, and the entire building is also available for purchase. This property offers a unique blend of historic charm and modern functionality in a thriving downtown location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1900
    Total area 6,200 SF
    Lot 0.22 ac (9,583 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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