49260 Van Dyke Ave - Warehouse FOR SALE


Shelby Township, MI 48317- Shelby Township-Utica | 
$1,300,000 USD
586-257-3369
49260 Van Dyke Ave, Shelby Township, MI for Sale
$1,300,000 USD
Warehouse - FOR SALE
1/37
null | Request Cap Rate

49260 Van Dyke Ave
Shelby Township, MI 48317
Shelby Township-Utica


HIGHLIGHTS

  • High Volume Propane Sales (6 figure NET)
  • Penske Truck Rental Agency
  • House Rental

OVERVIEW

1.2 Acre C-1 Commercial Property with Multiple Income Streams For sale is 1.2 acres of C-1 Retail Zoned property featuring a 4,500 SF commercial building, established Propane operation, Penske Truck Renta Agency, and a seperate 3 bedroom House. High Volume Propane filling Station with owned Equipment. Sold 35,000 Gallons last year, projected at 44,000 this year generating a 6 Figure NET ANNUAL Profit. Additional income included the Penske truck Rental Agency generating approximately $25,000 Annual Net Income, and a 3 Bedroom house with a $1,500 Month Rental Potential. Both Parcles are C-1 / Retail Zoned and located almost across the street from the Cirlce K and new Sheetz developments. Property Highlights Approximately 1.2 acres Approximately 4,500 SF commercial building C-1 Retail zoning on both parcels Established propane filling operation Approximately 35,000 gallons/year propane volume Propane equipment owned Historically SIX FIGURE NET propane profit Existing Penske Truck Rental agency Approximately $25,000 annual net Penske income Tall overhead/bay doors Two vehicle/equipment lifts 3-phase power Separate 3-bedroom residence Approximately $1,500/month residential rental potential Near major new commercial development including Circle K and Sheetz

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - Well, Sewer, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2

LAND SF

52,272

ZONING

C1

APN/PARCEL ID

23-07-22-351-005

ASK ABOUT THIS PROPERTY

Michael SchmidtMichael SchmidtMore Info
586-257-3369

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Michael SchmidtMichael SchmidtMore Info
586-257-3369

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