Back to search
40027 Michigan Avenue W Canton Charter Township, MI $ 1,500,000
Share Save
$ 1,500,000 Get more info
40027 Michigan Avenue W
$ 1,500,000
Back to search
Share Save

40027 Michigan Avenue W

Canton Charter Township, MI, 48188
$ 1,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,471

40027 Michigan Avenue W, Canton Charter Township, MI 48188 - Image 1
Commercial Property for sale in Canton Charter Township, MI for $1,500,000. This building was built in 1940 on a lot size of 3.38.

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.

See more
Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 11,156

Style

BusinessandRealEstate

Lot Size

3.38

Year Built

1940

Town/City

Canton Charter Township

County/Region

WAYNE

MLS | Web ID

20261056380
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Garage Spaces 0.0
Construction Materials VinylSiding
Year Built 1940
Levels One
Property Subtype BusinessandRealEstate
Current Use Commercial
County Wayne
Net Operating Income 120575.0
Operating Expense 32942.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Take Michigan Ave West from Dearborn MI to site.
City CantonCharterTownship_Wayne
Disclosures AnnualPropertyOperatingDataAvailable ConformstoZoning InventoryIncluded LegalRentalCertified NoEncroachment NoRestrictions
Senior Community Y/N N
High School District WayneWestland
Zoning Description Commercial LightIndustry Residential
MLS Area Area05071CantonTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11156.0
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
Occupancy Type Owner
Tax Assessed Value 184600
Expected Active Date 2026-07-21
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
See more
Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 1902.0
Lot Dimensions 121 x 1239
Lot Size Acres 3.38
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
See more
Internal Only
Street Number 1 40027
See more
* Excluded Features
List By
Glen L Brown

Listing Agent

Re/Max Dream Properties

Broker

(734) 462-3600

Phone

Affordability Calculator

$10,401
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$930
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4909228 Elementary School
4909250 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/21/2026$1,500,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

40027 Michigan Avenue W, Canton Charter Township, MI, 48188 is a Commercial Property for sale at $1,500,000 with a lot size of 3.38. 40027 Michigan Avenue W was built in 1940. The property's zip code is 48188 which is in Canton Charter Township, MI

Get more info