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$ 500,000
Est. payment | /mo
1,728 SqFt
$ 500,000
Est. payment | /mo
1,728 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $289
Subdivision Supervisors Nankin Plat No 13
MLS Listing ID 20250026904
Lot Size 0.820 Acres
Acres 0.82
Property Sub-Type RealEstateOnly
Property Description
Investors, business owners and entrepreneurs don't miss this unique and rare opportunity to own nearly one acre of prime real estate in the City of Wayne's downtown. Located on Michigan Avenue (US-12) just east of Wayne Road, and within the City of Wayne Downtown Development Authority (DDA) district boundary. Property has a 2 story brick Craftsman Style building at the front of the lot that was previously used as a business office. In addition there is a 40' X 60' steel warehouse located at the center of the property used for storage and housing inventory, and a storage canopy and salt shed bin at the back of the property. The warehouse contains two drains, and an oil sump drain. The property has been updated with three water catch basins strategically located across the length of the property to manage storm-water runoff. Plenty of room to expand on the existing structures, build additional structures, or to reimagine the entire lot for a new concept/business venture. Ideal for construction, landscaping, auto, storage, franchise, or other business concept. Property has massive potential considering the investments and development along Michigan Ave. and surrounding neighborhood. Zoned Commercial - Business Industrial. Minutes from Detroit Metro Airport (DTW), freeways; I-275 & I-94, and a stone's throw to downtown Wayne, Ford Motor Wayne Assembly Plant, Wayne Police Dept., Wayne City Hall, Goudy Park, shopping, dining, entertainment, and recreation.
Location
State MI
County Wayne
Area Area05083Wayne
Interior
Fireplace No
Exterior
Parking Features Garage, Lighted, OnSite, Other
Fence Fenced
View Y/N No
Roof Type Asphalt, Metal
Garage true
Building
Foundation Basement, BrickMortar, Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Wayne Westland
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Hassan T Bazzi of Keller Williams Advantage