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35150 W Michigan Ave

14,400 SF Retail Building Wayne, MI 48184 £395,005 (£27/SF)

Investment Highlights

  • Massive amounts of opportunity for either office or retail.
  • Located in a high traffic area.
  • Located off the bus line.
  • 14,400 Square feet
  • Beautiful floor layout.
  • 10 Parking spaces along with free municipal parking.

Executive Summary

*Motivated Seller - Price Reduced for quick sale. Sold As Is
Beautiful, 14,400 square ft standalone building, located off the ever-popular Michigan Ave. in between Canton and Detroit Metro Airport.
Close to expressways, shopping, and restaurants. 20 min east of Downtown Ann Arbor and 20 minutes west of downtown Detroit. Zoned B-4 with flexible office or retail use. This building features a beautifully open, two-story lobby atrium, full basement, a spiral staircase, nine offices, conference room, six restrooms, break room, and storage areas. With it being a former bank, it includes teller desks, vault, security system, office furniture, and fireproof cabinets. 10 parking spaces, along with free municipal parking. Located downtown in the City of Wayne, west of Detroit. Between South Wayne and Newberry Street. Adjacent to many retail, entertainment and restaurant options.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Bank
Building Size
14,400 SF
Building Class
C
Year Built
1962
Price
£395,005
Price Per SF
£27
Tenancy
Single
Number of Floors
2
Slab to Slab
10 ft
Building FAR
1.14
Land Acres
0.29 AC
Opportunity Zone
Yes
Zoning
B-4 - Business Intensive
Parking
7 Spaces (0.69 Spaces per 1,000 SF Leased)
Frontage
120 ft on Michigan Ave

Amenities

  • Atrium
  • Bus Route
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-003-11-0097-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£245,852
  • Listing ID: 27962830

  • Date on Market: 13/03/2023

  • Last Updated:

  • Address: 35150 W Michigan Ave, Wayne, MI 48184

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