58540 Van Dyke Ave, Washington, MI 48094
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.