Listed by L. Mason Capitani
$695,000
38900 Van Dyke Ave
Details
APN 10-10-22-101-003
Property Type Office
Sub Type Medical Office
Square Footage 12,000
Net Rentable (SqFt) 12,000
Tenancy Multi
Lease Type Modified
Price per SqFt $58
Class C
Year Built 1968
Acreage 0.650
Zoning 0-2
Parking Spaces 45 spaces
Parking per 1,000 SqFt 3.75
Office | 12,000 SqFt
Marketing description
12,000 SF building presenting a value-add opportunity on a highly visible corner in the heart of Sterling Heights. Under new ownership, the property has undergone significant stabilization including complete interior cleanout. The building is well-positioned for renovation, repositioning, or adaptive reuse. Its prime location, ample parking, and convenient access to M-53 and M-59 make it an ideal opportunity for an owner/user, investor, or redevelopment project with strong long-term upside.
Investment highlights
- 12,000 Sq. Ft. Building For Sale
- Multiple Redevelopment Opportunities
- Medical, Office, Retail or Mixed-Use
- Excellent Owner/User or Value-Add Investment
- Convenient Access to M-53 & M-59
- Outstanding Exposure & Signage on Van Dyke Ave
- Ample On-Site Parking
Listing Contacts
Listed by L. Mason Capitani
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
