29416 Michigan Avenue
Inkster, MI, 48141 $ 125,000
Baths0.0 Monthly Estimate*
$ 780
Studio for $125,000. The lot size is 1.22.
Welcome to 29416 Michigan Avenue—an exceptional 1.22-acre lot situated at the highly visible and heavily traveled intersection of Michigan Avenue and Middlebelt Road in the heart of Inkster. With an impressive 325 feet of frontage on one of Southeast Michigan’s most historic corridors, this property is a rare gem for visionary investors, developers, or entrepreneurs. Inkster’s B-3 General Business District, permitted uses include all retail and service businesses allowed in B-2 zones, plus larger commercial operations such as mortuaries, bus stations, government and utility offices, sit-down and fast-food restaurants (without drive-thru), massage offices, data centers, indoor recreation facilities, veterinary clinics (fully enclosed), minor auto repair, wholesale and distribution centers, medical marijuana provisioning centers, religious institutions, vehicle and trailer showrooms, and self-storage facilities. These uses are intended to support comparison shopping, mixed commercial services, and larger-scale business activity. Utilities are readily available, including above-ground services and sewer access at the street, making it a seamless starting point for new construction. Set within the revitalizing Equity Subdivision and served by the Wayne-Westland School District, this land is surrounded by a mix of residential neighborhoods and thriving retail zones. Just minutes from I-94, US-12, and Detroit Metro Airport, the location guarantees steady vehicle traffic and effortless connectivity. Whether you're envisioning a retail plaza, boutique offices, town-homes, or a vibrant mixed-use space, this property places you in a strategic, fast-growing corridor. This is a golden opportunity to bring your project to life in a location primed for growth and community engagement. This property offers the chance to invest in one of Metro Detroit’s most promising redevelopment zones. Contact us to explore the endless possibilities for this high-traffic, high-potential site.
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FeaturesGeneralSewer SewerAtStreet
Utilities AboveGroundUtilities
Possession AtClose
Property Subtype ImprovedLand
Community Features Sidewalks
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name EQUITY SUB
Garage Y/N N
Status Active
Directions Travel East on Michigan Avenue and take a right on Middlebelt road. Lot will be on the corner to the right
City InksterCity_Wayne
Disclosures PerkNo SurveyNotAvailable
Senior Community Y/N N
High School District WayneWestland
Zoning Description Commercial MultiFamily Multiple Office
MLS Area Area05080Inkster
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Expected Active Date 2025-06-12
Legal Description 26C1 2 LOTS 1 AND 2 EQUITY SUB T2S R9E L89 P15 16 WCR
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ExteriorFencing Fenced FencingAllowed Perimeter
Lot Features Cleared Sidewalk
Water Source Other
Spa N
Lot Dimensions 325 X 163.50
Lot Size Acres 1.22
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $780
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Inkster, MI
Average List Price $35,153
Percent of Sale Price 72%
About Inkster, MI 25,686 Population
-15% Since 2002
$ 31,991 Median Income
35.31 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909228 Elementary School
4909250 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2025 | $125,000 | -37.50% | Price Down |
| 6/12/2025 | $200,000 | | Listed Price |