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40027 Michigan Avenue W

Canton Charter Township, MI 48188
Square Ft.
1,902
Active
Commercial
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$1,500,000
Income-producing 3.33-acre commercial opportunity in Canton with strong frontage along Michigan Avenue. Property includes 5 residential units plus 114 outdoor storage spaces serving RV, auto, and boat users. Multiple income streams, high visibility, easy I-275 access, and future value-add or redevelopment potential make this a compelling offering.
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX Dream Properties, 734-462-3600
Listing Snapshot
Days Online
121
Last Updated
Property Type
BusinessandRealEstate
Square Ft.
1,902
Lot Size
3.38 Acres
Year Built
1940
MLS Number
20261056380
Property Location Map
Additional Details
Property Access
Frontage Type: Paved
Building
Built in 1940, Levels: One, Construction Materials: VinylSiding
Disclosures
AnnualPropertyOperatingDataAvailable, ConformstoZoning, InventoryIncluded, LegalRentalCertified, NoEncroachment, NoRestrictions
Expenses
Operating: $32,942
Foundation
Slab
Heating
ForcedAir, NaturalGas
Income
Gross ScheduledIncome: $153,517, Net Operating Income: $120,575
Lot
3.38 acres, Dimensions: 121 x 1239
Sewer
PublicSewer
Taxes
Parcel Number: 71141990031000, Annual Amount: $11,156, Assessed Value: $184,600, Legal Description: 36L1A4 L1B THE EAST 3.33 ACRES OF THAT PART OF THE SE 1/4 OF SEC 25 AND OF THE NE 1/4 OF SEC 36 DESCRIBED AS BEGINNING AT THE N 1/4 CORNER OF SEC 36 AND PROCEEDING TH N 0D 21M 30SEC E ALONG THE N AND S 1/4 LINE OF SEC 25 A DISTANCE OF 42.76 FT TO THE SLY LINE OF MIC- HIGAN AVE TH S 80D 29M 20SEC E ALONG SAID SLY LINE 983.84 FT TH S 0D 36M 40SEC W 1217.78 FT TH N 89D 20M 58SEC W 961.77 FT TO THE N AND S 1/4 LINE OF SEC 36 TH N 0D 10M 40SEC E ALONG SAID LINE 1326.61 FT TO THE POB 3.33 ACRES, Zoning description: Commercial, LightIndustry, Residential
Utilities
Water Source: Public
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GEM Realty & Development
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Schools In The Area

Check out nearby schools with ratings and contact info.
Stottlemyer Early Childhood Center Telephone N/A Public PK
Roosevelt-McGrath Elementary School 734-419-2720 Public KG-5
Franklin Middle School 734-419-2402 Public 6-8
Wayne Memorial High School 734-419-2206 Public 9-12
Stottlemyer Early Childhood Center Telephone N/A Public PK
Roosevelt-McGrath Elementary School 734-419-2720 Public KG-5
Roosevelt-McGrath Elementary School 734-419-2720 Public KG-5
Franklin Middle School 734-419-2402 Public 6-8
Wayne Memorial High School 734-419-2206 Public 9-12

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$1,500,000
40027 Michigan Avenue W
Canton Charter Township, MI
  1,902 Sqft

IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.