48761 Van Dyke

Retail-Commercial for Sale
Catylist Listing ID: 30288772
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 1,300 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $309,000
Unit Price: $237.69 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: The Hot Spot Coffee Company
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

Free standing building on Van Dyke in Shelby Twp - corner site, just south of 22 Mile Rd. Building is Tenant occupied, current lease expires May 2019.
2017 Property Taxes: $2,993.10

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 0728227019
Zoning: C1
Retail Clientele: General, Business, Traveler
Property Located Between: 21 & 22 Mile Rd
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Van Dyke
Feet of Frontage: 117
Site Description: Corner Location, 2 curb cuts on Van Dyke
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1979
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block, Brick
Total Parking Spaces: 13
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C1
Lot Frontage: 117
Lot Depth: 128
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,951 84,110 265,429
Median Age: 39.98 41.13 40.7
Households: 3,306 33,763 102,841
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