40027 Michigan Avenue Canton, MI ^$ 1,500,000

40027 Michigan Avenue

^$ 1,500,000

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Recently Listed

40027 Michigan Avenue

Canton, MI, 48188

^$ 1,500,000

Bedrooms-- Baths-- Sq 1,902

Monthly Estimate*

^$ 9,471

40027 Michigan Avenue, Canton, MI 48188 - Image 1

Commercial Property for sale in Canton, MI

for $1,500,000. This 1,902 square foot building was built 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.

Commercial Active

Price

^$ 1,500,000

Property Type

Commercial

Taxes

^$ 11,156

Style

Commercial/Industrial

Lot Size

3.38

Town/City

Canton

County/Region

Wayne

MLS | Web ID

61013371

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 19

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Canton Twp

Zoning Commercial Industrial Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Canton Twp (82071)

Primary City Canton

Directions Take Michigan Ave West from Dearborn MI to site.

City Canton

Financial Terms Cash Conventional

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

DOM 6

Postal Code 48188

Price Per Sq Ft Total AG 788.64

Public Remarks 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

Exterior

Exterior Vinyl Siding

Frontage 121

Lot Size Area 3.38

Lot Dimensions 121 x 1239

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Glen Brown

Listing Agent

Re/Max Dream Properties

Broker

glovellbrown@sbcglobal.net

Affordability Calculator

$10,401

Per Month

Monthly Principal & Interest: $9,471
Monthly Property Taxes: $930
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Canton, MI

Average List Price ^$180,043

Percent of Sale Price 88%

About Canton, MI

88,423 Population

0% Since 2002

^$0 Median Income

0 Median Age

39% 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
7/21/2026	$1,500,000		Listed Price

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40027 Michigan Avenue, Canton, MI, 48188 is a Commercial Property for sale at $1,500,000 with 1,902 sqft and a lot size of 3.38. The property's zip code is 48188 which is in Canton, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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40027 Michigan Avenue

Commercial Property for sale in Canton, MI

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