28710 Van Dyke Ave - Hospitality FOR SALE


Warren, MI 48093- Northeast Warren
$2,200,000 USD
586-999-9286
28710 Van Dyke Ave, Warren, MI for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/6
null | 10.79% Cap Rate

28710 Van Dyke Ave
Warren, MI 48093
Northeast Warren


HIGHLIGHTS

  • Restaurant signed new 3 year lease
  • Parking lot resurfaced August 2025
  • 240 FT' of Frontage on Van Dyke Ave

OVERVIEW

**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 20-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!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$300 USD /SF

# OF ROOMS

20

PRICE/ROOM

$110,000 {currency}

CAP RATE

10.79%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tech Center Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

APT 10 UNI

APN/PARCEL ID

12-13-15-103-001

ASK ABOUT THIS PROPERTY

Elias HerishBrookstone: The Herish GroupMore Info
586-999-9286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Elias HerishBrookstone: The Herish GroupMore Info
586-999-9286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.