35732 W Michigan Avenue

Excellent value-add apartment opportunity located in the heart of downtown Wayne. Property is in need of full renovation. This approximately 9,000 square foot building is approved for a total of eight residential units, with four units on the upper level and four units on the lower level, offering strong potential for investors looking to renovate and maximize returns. The adjacent vacant land may be available for purchase from the city, presenting a unique opportunity to create additional parking and further enhance the property’s long-term value and functionality. Recent capital improvements include all new windows throughout the building, representing an investment of approximately $50,000, providing a solid foundation for future redevelopment and income growth. All measurements are approximate agent to verify.