For Sale
$1,800,000

4296 Van Dyke Rd Almont, MI 48003

Prime Almont location, high traffic, excellent income.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 24,067 square foot industrial property in Almont, MI, presents a lucrative investment opportunity. Boasting 6.94 acres of land and 282 feet of high-exposure Van Dyke frontage, this property sees approximately 20,000 vehicles daily. Its strategic location just north of downtown Almont and south of I-69 provides easy access to major freeways including I-94 (Port Huron), I-75 (Flint), and routes north to Port Austin or south to Detroit. The property comprises two approximately 12,000 square foot buildings, constructed in 2000 and in excellent condition. The buildings feature free-span construction for versatile use, 18-foot ceilings, a truck well, three-phase 880-volt power, central air, gas forced air heat, and a metal roof. Utilities include a septic system and well. A significant 5,000 square feet is dedicated to office space. Building One is currently under a three-year lease with a six-year renewal option. Building Two has six rented units with one vacancy. The property benefits from a C-3 zoning designation, permitting commercial, industrial, retail, self-storage, and RV/truck storage uses. The current net operating income is $203,194.00, resulting in an attractive 11.28% cap rate. This property offers a compelling blend of location, functionality, and strong financial performance.

Property Details for 4296 Van Dyke Rd

Property type
Industrial properties
Square Feet
24,067 SF
Year Built
2000
Lot Size (sq. ft)
302,306 SF

Location Insight

City
Almont
County
Lapeer
State
Michigan
Latitude
42.94072
Longitude
-83.05787

FAQs

What type of property is this?
Industrial property - Prime Almont location, high traffic, excellent income.
Where is the industrial property located?
The property is located at 4296 Van Dyke Rd Almont, MI.
What is the asking price?
The asking price for this property is $1,800,000.
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4296 Van Dyke Rd
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