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23146 Van Dyke Ave Warren, MI 48089-1623

OFF-MARKET Commercial real estate Google Maps
1,280 SF 0.05 ac lot Built 1950
Entity Owned Free & Clear
Estimated value (blended)
$155k
Range $140k – $171k (±10%)
Property ID US43-4743972

Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction CONCRETE
Total area 1,280 SF
Lot 0.05 ac (2,004 SF)
Zoning code C-2
APN 12-13-27-354-003
UPID US43-4743972

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2025
Last sale
$79,500
2 recorded transactions
2025
$79,500
2008
$30,000

Zoning & alternative use

C-2 · Warren, MI
Zoning description

allowed for each business in commercial business and industrial districts zoned C -1, C-2, C-3, M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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