28000 Van Dyke Ave Warren, MI 48093

Property Details for 28000 Van Dyke Ave

Year built

1966

Lot size

0.62 lot acres

Property size

11,400 SF

Zone code

C-1

Property type

Office buildings

APN

12-13-15-155-003

APU

121315155003

Description

This two-story, 11,400 square foot office building in Warren, Michigan is being offered at auction, starting at $200,000. Located on a signalized hard corner of Van Dyke Avenue, this C-1 zoned property boasts high visibility and traffic counts exceeding 86,000 vehicles daily on Van Dyke and over 144,950 on I-696. Currently 42% occupied, the building presents a value-add opportunity for investors. Built in 1966, the property sits on a 0.62-acre lot and includes 37 parking spaces. Its prime location within the Detroit Metropolitan Statistical Area, approximately 20 minutes from downtown Detroit, offers easy access to I-696 and is near Ascension Hospital. The surrounding area features several recession-resistant national tenants and a strong demographic profile, with over 104,000 residents within a 3-mile radius. Warren's robust employment base, including General Motors Technical Center and TACOM Life Cycle Management Command, further enhances the property's appeal. The property is situated in a designated Hub Zone, offering potential advantages for federal contracting. This auction presents a unique opportunity to acquire a well-located office building with significant upside potential. The property includes five buildings across four parcels, with three currently vacant, offering redevelopment possibilities. Auction dates are October 21-23, 2024. The APN is 12-13-15-155-003.