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    FOR LEASE
    Commercial land

    55133 Van Dyke Ave, Shelby Twp, MI 48316

    850 SF 5.16 ac lot Built 1947
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-1789694
    Property summary
    AI-generated overview

    This exceptional Class A commercial property, "Shops At River's Edge," offers a diverse range of spaces ideal for retail, restaurant, and office uses. The 37,204 square foot complex sits on a 4.1-acre lot in Macomb County and boasts three buildings, each with unique offerings. Building #1 (North) features 1,940 square feet and 8,070 square feet of available retail space. Building #2 (South) provides 10,133 square feet of retail space and a 1,973 square foot drive-thru opportunity. Building #3 offers a 5,990 square foot restaurant space complete with an outdoor patio, plus 10,322 square feet of office space. The property features a total of 14 suites, with a minimum divisible space of 1,870 square feet and a maximum contiguous space of 19,290 square feet. Ample parking is available with 255 spaces. The property is conveniently located just north of 25 Mile Road, west of Van Dyke Avenue, offering excellent visibility and convenient access along a high-traffic corridor. Its proximity to M-53 further enhances its accessibility. The property is zoned C-2 and was newly constructed in 2024. The single-story buildings offer a modern and efficient layout. This is a rare opportunity to secure space in a brand-new, high-visibility location. The APN is 23-07-04-476-005.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1947
    Total area 850 SF
    Lot 5.16 ac (224,595 SF)
    Zoning code R-12
    APN 23-07-04-476-005
    UPID US43-1789694
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Rft Group LLC · 2 yrs held
    Rft Group LLC
    since 2023
    2 recorded transactions
    2023
    2004
    Zoning & alternative use
    R-12 · Shelby Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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