Estimated payment $3,192/month
Highlights
- 0.82 Acre Lot
- No HOA
- Fenced
- Colonial Architecture
- 6 Car Detached Garage
- Heated Garage
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1932
Lot Details
- 35,719 Sq Ft Lot
- Lot Dimensions are 81 x 443
- Fenced
Home Design
- Colonial Architecture
- Craftsman Architecture
- Bungalow
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Slab Foundation
- Asphalt Roof
- Metal Roof
- Metal Siding
- Steel Beams
Interior Spaces
- 1,728 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Parking
- 6 Car Detached Garage
- Heated Garage
- Workshop in Garage
- Front Facing Garage
- Garage Door Opener
Location
- Ground Level
Community Details
- No Home Owners Association
- Supervisors Nankin Plat No 13 Subdivision
Listing and Financial Details
- Assessor Parcel Number 55017010623000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,500 | $162,600 | $0 | $0 |
| 2024 | $5,313 | $158,400 | $0 | $0 |
| 2023 | $5,068 | $149,400 | $0 | $0 |
| 2022 | $5,555 | $140,400 | $0 | $0 |
| 2021 | $5,428 | $136,900 | $0 | $0 |
| 2020 | $6,331 | $137,500 | $0 | $0 |
| 2019 | $4,601 | $137,100 | $0 | $0 |
| 2018 | $4,380 | $131,800 | $0 | $0 |
| 2017 | $1,257 | $120,700 | $0 | $0 |
| 2016 | $5,064 | $67,400 | $0 | $0 |
| 2015 | $6,679 | $73,300 | $0 | $0 |
| 2013 | $6,470 | $73,600 | $0 | $0 |
| 2012 | -- | $70,800 | $13,400 | $57,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $500,000 | -- | $289 / Sq Ft |
Source: Realcomp
MLS Number: 20261019418
APN: 55-017-01-0623-000
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Ask me questions while you tour the home.