1723 S Van Dyke Road Bad Axe, MI ^$ 375,000

1723 S Van Dyke Road

^$ 375,000

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1723 S Van Dyke Road

Bad Axe, MI, 48413

^$ 375,000

Bedrooms-- Baths-- Sq 3,840

Monthly Estimate*

^$ 2,309

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Commercial Property for sale in Bad Axe, MI

for $375,000. This 3,840 square foot building was built on a lot size of 23.45.

Bad Axe 27 mobile homes total, including the site manager's home. $300,000 Below Appraised Value |27-Unit Residential Income Portfolio | Offered at $375.000, This stabilized residential income portfolio comprises 27 single-mobile home residences on 23 AC properties. Running at 80% occupancy under continuous professional management, the portfolio generates $4000 in gross monthly rents - $4800 annually. At a standard 30% expense ratio, estimated NOI lands at approximately $30000, placing this offering at an 8.0% cap rate on the ask price not including the vacancy. To put that in perspective: you're buying a sub-9-cap asset for a 10-cap price.

Commercial Active

Price

^$ 375,000

Property Type

Commercial

Taxes

^$ 8,918

Style

Commercial/Industrial

Lot Size

23.45

Town/City

Bad Axe

County/Region

Huron

MLS | Web ID

60996824

Features

General

Heating Forced Air

Possession At Close

Water Private Well

Status Active Active

Year Built 99

County Huron

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Colfax Twp

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Colfax Twp (32006)

Primary City Bad Axe

Directions off van dyke

City Bad Axe

Financial Terms Cash Conventional

Legal Description THAT PT OF SW 1/4 OF NE 1/4 LYING S OF M53 EXC W 2 RDS THEREOF. 24 A.

DOM 5

Postal Code 48413

Price Per Sq Ft Total AG 97.66

Public Remarks Bad Axe 27 mobile homes total including the site manager's home. $300 000 Below Appraised Value 27-Unit Residential Income Portfolio Offered at $375.000

Exterior

Exterior Other

Frontage 700

Lot Size Area 23.45

Lot Dimensions 700 x400

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Jack Butris

Listing Agent

Real Estate One-Troy

Broker

JACKBUTRIS@HOTMAIL.COM

Affordability Calculator

$3,052

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $743
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bad Axe, MI

Average List Price ^$437,500

Percent of Sale Price 17%

About Bad Axe, MI

3,144 Population

-9% Since 2002

^$37,621 Median Income

43.02 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/28/2026	$375,000		Listed Price

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1723 S Van Dyke Road, Bad Axe, MI, 48413 is a Commercial Property for sale at $375,000 with 3,840 sqft and a lot size of 23.45. The property's zip code is 48413 which is in Bad Axe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1723 S Van Dyke Road

Commercial Property for sale in Bad Axe, MI

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