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26793854
26808929

28710 Van Dyke Ave, Warren, MI 48093

EH
6505406439
The Herish Group
Listed by The Herish Group
$1,900,000
274 days on market
Updated 4 days ago

Van Dyke Extended Stay

Details
Property Type Hospitality, Retail
Sub Type Motel, Restaurant (+1)
Square Footage 7,335
Net Rentable (SqFt) 7,335
Units 24
Beds 20
Cap Rate 11.30%
NOI $237,388
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 5
Lease Expiration 10/04/2030
Remaining Term 5
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Renovated 2020
Acreage 0.880
Zoning C-2 | R-1
Parking Spaces 40 spaces
Parking Per SqFt 5.45
Investment Type Stabilized
Lease Commencement 09/04/2025
Occupancy Date 09/04/2025
Ownership Private

This Property checks all the boxes!

Marketing description

**RARE INVESTMENT OPPORTUNITY:** Located at 28710 Van Dyke Ave, Warren, MI 48093, this exceptional property is a true gem in the heart of Warren, Michigan. Featuring a 24-Unit Extended Stay Motel, House, Restaurant, and Apartment, this recession-proof and pandemic-proof investment offers a lucrative endeavor for savvy investors. Situated on 0.88 acres with 246' of frontage on Van Dyke Avenue, this property boasts a prime location in a retail corridor surrounded by national tenants and close to Warren's prominent manufacturing and automotive facilities. With a daily vehicle count of 75,000, multiple points of ingress/egress, and 30,000 employees within a one-mile radius, this property presents an incredible opportunity for growth and profit. Highlights include a cap rate of 10.79%, recent renovations in 2022, including parking lot resurfacing and restaurant updates with a new 3-year lease, on-site manager 24/7, ample parking with 40 spaces, and excellent demographics. Don't miss out on this turnkey investment!

Investment highlights

True Pride of Ownership in Warren, Michigan! Recession-Proof | Pandemic-Proof Property
consisting of 24- Unit Extended Stay Motel, House, Restaurant, and Apartment.

, Restaurant Renovated September 2025 w/ NEW 5 Year Lease

Property Sits on 0.88 Acres and has 246’ Feet of Frontage on Van Dyke Avenue.

Retail Corridor Surrounded by National Tenants, and in the Heart of Warren’s Manufacturing
and Automotive Facilities. 30,000 Employees within a One Mile Radius.

Vehicle Count per day 75,000 (Van Dyke Avenue and E 12 Mile Road) Multiple points of Ingress/Egress

Parking lot Resurfaced in August 2025 , Restaurant Renovated September 2025 w/ new 5- year lease

Coin Laundry added 2022 | Converted into Weekly Extended Stay in June 2020.

Manager on Site 24/7 | Ample Parking | Major Retail Corridor | Excellent Demographics

Listing Contacts

EH
6505406439
The Herish Group
Listed by The Herish Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$237,388.00
$19,782.33/mo

Valuation Metrics

0
DSCR
12.49%
Cap Rate
12.49%
ROI

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