46090 Michigan Ave

Retail-Commercial for Sale
Catylist Listing ID: 30345911
Property Subtypes: Day Care Facility, Free-Standing Building, Restaurant
Building Size (RSF): 12,500 SF
Gross Land Area: 1.30 Acres
Sale Price: $1,550,000
Unit Price: $124 PSF
Ceiling: 22 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 12,500 SF
Core Factor: 1%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2020

Overview / Comments

Rare free standing retail or medical building on Michigan Ave between Canton Center Road and Beck Road. Suites from 2,500 sf to 12,500 sf. Ample parking and great visibility along one of the best retail corridors in Western Wayne County.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Submarket Type: Suburban
Taxing Authority: Canton Township
Tax ID/APN: 71-129-04-0001-000
Property Located Between: Beck Rd and Canton Center Roads
Property Visibility: Excellent
Largest Nearby Street: Beck Rd.
Feet of Frontage: 236
Traffic/Vehicle Count: 31,000
Highway Access: I-275 and I-94
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2005
Total Parking Spaces: 45
Parking Ratio: 3.6 (per 1000 SF)
Zoning Description: C-3 Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,666 55,049 165,224
Median Age: 38.67 36.18 37.12
Households: 1,802 19,917 64,406


Photograph of Listing Agent

Terrance W. Bixler, CCIM

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