25005 Van Dyke AveCenter Line, MI 48015

  • Commercial real estate
  • 74,740 SF

Property Details for 25005 Van Dyke Ave

Year built
1974
Lot size
6.95 AC
Property size (Sq ft)
74,740 SF
Zone code
COMM/IMPR
Property type
Commercial real estate
APN
01-13-21-479-028
APU
11321479028

Description

This exceptional retail property, located at 25005 Van Dyke Ave in Center Line, Michigan, 48015, presents a unique investment opportunity. The property, classified as Class B, boasts a total building area of 3,922 square feet situated on a 3,922 square foot lot. Currently, all 3,922 square feet are vacant, offering immediate occupancy for multiple tenants. The building, constructed in 1974, is zoned B-1A Van Dyke Downtown District and features four available spaces ranging from 1,846 to 2,052 square feet each, ideal for a variety of retail businesses. This free-standing building is part of a strip center and benefits from its prime location on Van Dyke Avenue, a heavily trafficked road in Center Line, experiencing approximately 32,911 vehicles daily. The property's strategic position just south of the I-696 freeway ensures high visibility and accessibility, making it an attractive destination for customers. This is a rare chance to acquire a well-located retail space in a thriving area with significant potential for growth and return on investment. The property's size and zoning provide flexibility for various retail concepts. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,792,850
    Hospitality
    $16,298,155
    Educational
    $13,559,874
    Medical
    $14,026,219
    Retail
    $21,093,136

Location Insight

City
Center Line
County
Macomb
State
Michigan
Latitude
42.4785
Longitude
-83.0287
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$116,555
-
-
$2,101,100
-
-
-
$4,202,200

FAQs

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