25911 W MICHIGAN AVE Avenue Wayne, MI $ 3,000,000
25911 W MICHIGAN AVE Avenue
$ 3,000,000
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25911 W MICHIGAN AVE Avenue

Wayne, MI, 48184
$ 3,000,000
Bedrooms-- Baths32.0

Monthly Estimate*

$ 18,716

25911 W MICHIGAN AVE Avenue, Wayne, MI 48184 - Image 1
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Commercial Property for sale in Wayne, MI

for $3,000,000 with 32 full baths. This building was built in 1960 on a lot size of 0.88.

PROPERTY WAS FULLY REFURBISHED 2018 RECENTLY GONE THROUGH UPDATES IN MANY OF THE APPARTMENTS OCCUPANCY HAS BEEN BROUGHT UP 90% WITH A NUMBER OF SECTION 8 RENTERS IN THE RENT ROLL

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Commercial Active

Price

$ 3,000,000

Full Bath

32

Property Type

Commercial

Taxes

$ 53,078

Style

Retail

Lot Size

0.88

Year Built

1960

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

25047757

Features
General
Heating Ductless Forced Air
Cooling Wall Unit(s) Window Unit(s)
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow Negotiable Subject To Tenant Rights
Roof Composition
Construction Materials Vinyl Siding Brick
Year Built 1960
Township Inkster City
Property Subtype Retail
Tax Year 2024
Ownership Private Owned
Business Type Retail
County Wayne
Net Operating Income 172920.0
Operating Expense 159280.0
Insurance Expense 11000.0
New Construction N
Property Type Commercial Sale
MaintenanceExpense 100000.0
Full Baths 32
Status Active
City Wayne
High School District Inkster
Zoning Description COMMERCIAL
Number Of Units Total 32
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 38333.0
Listing Terms Conventional Purchase Money Mtg Tax Def Exchange Cash
Land Lease Y/N N
Tax Annual Amount 53078.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2025-09-17
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 693450
Ownership Type LLC
Legal Description 30A8A11B 12A THAT PART OF LOT 8 SUBDIVISION OF THE NE 1/4 AND E 1/2 OF THE NW 1/4 OF SEC 30 LIBER 1 PAGE 26 DESCRIBED A
Senior Community None
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Exterior
Inclusions Real Estate Furniture Equipment
Lot Size Area 0.88
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 16000.0
Lot Dimensions 106/357
Lot Size Acres 0.88
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 16000
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 32
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Internal Only
Street Number 1 25911
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* Excluded Features
List By
D And E Realty

Broker

davids6072@gmail.com

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Affordability Calculator

$23,139
Per Month
81%
19%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$4,423
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.
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Nearby
5280117 Elementary School
5280119 Middle School
Robichaud Senior High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2025$3,000,000 Listed Price

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25911 W MICHIGAN AVE Avenue, Wayne, MI, 48184 is a Commercial Property for sale at $3,000,000 with a lot size of 0.88. 25911 W MICHIGAN AVE Avenue has 32.0 baths and was built in 1960. The property's zip code is 48184 which is in Wayne, MI