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$500,000
Est. payment /mo
0.82 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Municipality Wayne City
Subdivision Wayne City
MLS Listing ID 20261019419
Annual Tax Amount $6,089
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 81 X 443
Source Realcomp
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
Zoning Light Industrial
Direction Property is located on Michigan Ave., just east of Wayne Rd. Between 4th St. and Howe Rd. Next door to Storage Sense.
Exterior
View Y/N No
Schools
School District Wayne-Westland
Others
Tax ID 55017010623000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Keller Williams Advantage
Nearby School & Business
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