34503 Glenwood Road Wayne, MI ^$ 499,000

34503 Glenwood Road

^$ 499,000

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Recently Listed

34503 Glenwood Road

Wayne, MI, 48184

^$ 499,000

Bedrooms-- Baths-- Sq 2,472

Monthly Estimate*

^$ 3,072

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Commercial Property for sale in Wayne, MI

for $499,000. This 2,472 square foot building was built on a lot size of 0.02.

Excellent investment opportunity to own a fully occupied 6-unit apartment building in the heart of Wayne! This well-maintained income-producing property features six 1-bedroom, 1-bathroom units, each offering a functional kitchen, spacious living room, and comfortable layout. On-site parking provides added convenience for tenants. Ideally located near shopping, dining, parks, schools, and major highways, this property offers strong rental appeal and consistent income potential. Whether you're expanding your investment portfolio or purchasing your first multi-family property, this is an opportunity you won't want to miss.

Commercial Active

Price

^$ 499,000

Property Type

Commercial

Taxes

^$ 5,959

Style

Commercial/Industrial

Lot Size

0.02

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

61002517

Features

General

Heating Forced Air

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Subdivision Gersting Realty Co Sub MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Wayne

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Wayne (82083)

Primary City Wayne

Directions East of Wayne Rd and North of Michigan Ave

City Wayne

Financial Terms Cash Conventional

Legal Description 28V7B 7C E 80 FT OF LOT 7 GERSTING REALTY COS SUB T2S R9E L41 P35 WCR

DOM 0

Postal Code 48184

Price Per Sq Ft Total AG 201.86

Public Remarks Excellent investment opportunity to own a fully occupied 6-unit apartment building in the heart of Wayne! This well-maintained income-producing property features six 1-bedroom 1-bathroom units

Exterior

Exterior Brick

Frontage 80

Lot Size Area 0.02

Lot Dimensions 80X123

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Robert Kabbani

Listing Agent

Keller Williams Legacy

Broker

robertkabbani@gmail.com

Affordability Calculator

$3,569

Per Month

Monthly Principal & Interest: $3,072
Monthly Property Taxes: $497
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in Wayne, MI

Average List Price ^$302,102

Percent of Sale Price 39%

About Wayne, MI

18,179 Population

-5% Since 2002

^$40,817 Median Income

40.16 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/15/2026	$499,000		Listed Price

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34503 Glenwood Road, Wayne, MI, 48184 is a Commercial Property for sale at $499,000 with 2,472 sqft and a lot size of 0.02. The property's zip code is 48184 which is in Wayne, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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34503 Glenwood Road

Commercial Property for sale in Wayne, MI

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