Van Dyke St Detroit, MI 48234
- Commercial real estate
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Van Dyke St
- Year built
- 1956
- Lot size
- 0.21 lot acres
- Property type
- Commercial real estate
Description
This exceptional Detroit commercial investment opportunity encompasses three buildings situated on a 0.21-acre lot, including adjacent lot ID# 15005774 (measuring 35x116 feet). The property includes two buildings at 1400 square feet each, featuring solid construction with concrete roofs. Both buildings boast newer furnaces and air conditioning units, ensuring efficient and comfortable operation. Currently occupied by long-term, reliable tenants who desire to remain, one building is configured as a two-office and lobby setup, ideal for professional services, while the other functions as a retail boutique, showcasing the property's versatility. The property benefits from convenient parking in both a dedicated lot and via alley access. High visibility from the street ensures excellent exposure for businesses. The asking price for this three-building package is $185,000. Proof of funds or pre-approval is required before scheduling a viewing. Note that an additional property at 20495 is available separately for $120,000 and includes a vacant lot on Stotter Street (MLS #2025005255).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0241
- Latitude
- 42.4299