ADAM REID Associate [email protected] EXCLUSIVELY LISTED BY: 35732 W MICHIGAN - FOR SALE 35732 W MICHIGAN, WAYNE, MI 48184
ADAM REIDAssociateare [email protected]
EXCLUSIVELY LISTED BY:
35732 W MICHIGAN - FOR SALE3 5 7 3 2 W M I C H I G A N , W AY N E , M I 4 8 1 8 4
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 2
OFFERING SUMMARY
Sale Price: $199,000
Number Of Units: 8
APN: 56-006-05-0060-000
Year Built: 1924
Building Size: 8,668
Zoning: B5: Business
Concentrated
Price / Unit: $24,875
Utilities: Landlord pays water,
Tenants pays electric
Location Description: Located on westbound
Michigan Avenue just
west of Downtown.
PROPERTY HIGHLIGHTS
• Value Add Opportunity
• 100% Occupied
• (2) 1 Bedroom / (6) 2 Bedrooms
• Below Market Rents
• Just west of the Downtown
• Walk Score®: Very Walkable (71)
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
Total Households: 4,351 32,133 80,883
Total Population: 10,537 84,068 206,194
Average HH Income: $50,314 $55,953 $56,651
E X E C U T I V E S U M M A R Y : 35732 W Michigan | Wayne, MI 48184
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 3
SALE PRICE $199,000
LOCATION INFORMATION
Building Name 35732 W Michigan
Street Address 35732 W Michigan
City, State, Zip Wayne, MI 48184
County/Township Western Wayne County
BUILDING INFORMATION
Building Size 8,668 SF / 8 Units
Price / Unit $24,875.00
Year Built 1924
Number Of Floors 2
PROPERTY DETAILS
Property Subtype Mid-Rise
Zoning B5: Business Concentrated
APN# 56-006-05-0060-000
UTILITIES & AMENITIES
Utilities
Description
Landlord pays Water, Tenants pays
electric
P R O P E R T Y D E TA I L S : 35732 W Michigan | Wayne, MI 48184
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 4
F I N A N C I A L S : 35732 W Michigan | Wayne, MI 48184
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 5
A E R I A L M A P : 35732 W Michigan | Wayne, MI 48184
Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335
thomasduke.com | 6
L O C AT I O N M A P S : 35732 W Michigan | Wayne, MI 48184