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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$500,000

Est. payment - /mo

4 Beds

1 Bath

1,728 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

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 20261019418

Style Bungalow,Colonial,Craftsman

Bedrooms 4

Full Baths 1

Year Built 1932

Lot Size 0.820 Acres

Acres 0.82

Property Sub-Type SingleFamilyResidence

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

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Other Heating Source

Fireplace No

Exterior

Parking Features SixorMoreCarGarage, Detached, ElectricityinGarage, GarageFacesFront, HeatedGarage, GarageDoorOpener, Oversized, WorkshopInGarage

Garage Spaces 6.0

Fence Fenced

Pool None

View Y/N No

Roof Type Asphalt, Metal

Garage true

Building

Foundation Basement, Block, 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

Nearby Locations

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Erin Raetz

+1(586) 996-8410

34233 MICHIGAN AVE Wayne, MI 48184

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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