19807 Van Dyke Ave Detroit, MI 48234
- Warehouses
- 17,000 SF
Current Use by Public Records
- Warehouses
Property Details for 19807 Van Dyke Ave
- Year built
- 1961
- Property size
- 17,000 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
This exceptional Detroit, Michigan investment opportunity presents a 17,000 square foot mixed-use property located at 19807 Van Dyke Ave, zip code 48234, in Wayne County. The property, built in 1961 and extensively renovated in 2024, comprises three buildings across two stories, offering incredible versatility. Currently configured as a shopping center, storefront, and warehouse, the space is adaptable to a wide range of uses. Imagine converting it into three distinct retail units, residential apartments, warehouse or storage space, or even a specialized facility like a collision repair shop. The property benefits from a brand new roof and complete spray foam insulation, ensuring superior energy efficiency and long-term cost savings. Electrical upgrades to 480V are possible, providing ample power for industrial or high-demand uses. Its prime location on Van Dyke Avenue offers excellent visibility and accessibility, making it an ideal investment for both business and residential ventures. This sale/leaseback opportunity is priced at $499,000. Don't miss this chance to acquire a highly adaptable property in a thriving Detroit location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0248
- Latitude
- 42.4406