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    Wayne, MI
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    Wayne, MI Industrial Properties for Sale

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    Romulus, MI Westland, MI Huron Twp, MI
    Wayne Commercial Property on Michigan Avenue
    Updated: Apr 17, 2025
    Wayne Commercial Property on Michigan Avenue

    34233 MICHIGAN Avenue, Wayne, MI 48184

    $500,000
    4,128 sqft · 0.82 AC lot
    Prime one‑acre commercial real estate in Wayne's downtown DDA district on Michigan Avenue (US‑12).
    Includes a two‑story brick Craftsman‑style building and a 40' X 60' steel warehouse.
    Zoned Commercial - Business Industrial, suitable for various business concepts (construction, landscaping, auto, storage, franchise, etc.).
    Updated with three water catch basins for storm‑water runoff management.
    Warehouse contains two drains and an oil sump drain.
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    This listing looks promising.

    Here's a quick look at some key insights for

    34233 MICHIGAN Avenue, Wayne, MI 48184

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $371K
      Suggested
    View Property Analytics
    Prime Real Estate in Wayne
    Updated: Mar 26
    Prime Real Estate in Wayne

    34233 MICHIGAN Avenue, Wayne, MI 48184

    $500,000
    0.82 AC lot
    Prime real estate location on Michigan Avenue (US‑12) in downtown Wayne, within the Downtown Development Authority (DDA) district.
    Large lot size (nearly one acre) offering significant potential for expansion or redevelopment.
    Includes a 2‑story brick Craftsman‑style building and a 40' x 60' steel warehouse with two drains and an oil sump drain.
    Zoned Commercial - Business Industrial, suitable for various business concepts (construction, landscaping, auto, storage, franchise, etc.).
    Strategically located water catch basins for storm‑water runoff management.
    View details
    Wholesale Distribution Warehouse
    Wholesale Distribution Warehouse

    4045 2nd St, Wayne, MI 48184

    $1,249,425
    15,425 sqft · 1.14 AC lot

    A leased distribution facility with truckwell access, grade-level doors, and cranes, suited for wholesale operations.

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    Prime Downtown Commercial Real Estate
    Prime Downtown Commercial Real Estate

    34233 MICHIGAN Avenue, Wayne, MI 48184

    $500,000
    1,728 sqft · 0.99 AC lot

    Nearly one acre in Wayne's DDA district.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Wayne, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Truck Terminal and Repair
    Turnkey Truck Terminal and Repair

    1475 S Newburgh Road, Westland, MI 48186

    $8,200,000
    22,300 sqft · 3.66 AC lot

    Multi-income commercial trucking facility with warehouse and repair shop.

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    Multi-Building Truck Terminal with Parking
    Multi-Building Truck Terminal with Parking

    1475 S Newburgh Road, Westland, MI 48186

    $6,000,000
    10,500 sqft

    Multi-building industrial truck terminal with warehouse space, a five-bay repair facility, and paved parking for fleets.

    View details
    Retail/Warehouse/Mixed-Use Opportunity
    Retail/Warehouse/Mixed-Use Opportunity

    29865 Michigan Avenue, Inkster, MI 48141

    $2,290,000

    Longstanding retail location suitable for warehousing or mixed-use development.

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    Industrial Property for Sale
    Industrial Property for Sale

    28664 Michigan Ave, Inkster, MI 48141

    $199,000
    2,342 sqft

    Industrial property available for sale, featuring 2342 square feet.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land for Sale
    Industrial Land for Sale

    3900 Venoy, Wayne, MI 48184

    $475,000
    3.75 AC lot

    3.75 acres of light industrial land available for sale.

    View details
    Romulus Land For Sale
    Romulus Land For Sale

    Ecorse Road, Romulus, MI 48174

    $60,000
    1.90 AC lot

    Almost 2 acres of land in Romulus, Michigan.

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    Romulus Land with Approved Plans
    Romulus Land with Approved Plans

    28176 Ecorse Rd, Romulus, MI 48174

    $1,500,000
    10.00 AC lot

    Over 10 acres with approved truck terminal/repair plans.

    View details
    Industrial Land Near Detroit Airport
    Industrial Land Near Detroit Airport

    5709 S Haggerty Rd, Canton, MI 48188

    $599,900
    4.60 AC lot

    4.6 acres of industrial land near Detroit Metropolitan Airport.

    View details

    Off-Market Properties in Wayne, MI

    Consider similar Off-Market properties in Wayne, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    38500 Van Born Rd
    INDUSTRIAL (GENERAL)

    38500 Van Born Rd, Wayne, MI 48184-1527

    $1,885,000
    Estimated value
    32,311 sqft · 9.70 AC lot
    View details
    3737 Venoy Rd
    MANUFACTURING (LIGHT)

    3737 Venoy Rd, Wayne, MI 48184-1836

    $5,415,000
    Estimated value
    108,036 sqft · 17.03 AC lot
    View details
    3850 Howe Rd
    MANUFACTURING (LIGHT)

    3850 Howe Rd, Wayne, MI 48184-1829

    $1,085,000
    Estimated value
    31,760 sqft · 1.69 AC lot
    View details
    39000 Van Born Rd
    INDUSTRIAL (GENERAL)

    39000 Van Born Rd, Wayne, MI 48184-1512

    $2,110,000
    Estimated value
    23,010 sqft · 23.74 AC lot
    View details
    36860 Van Born Rd
    MANUFACTURING (LIGHT)

    36860 Van Born Rd, Wayne, MI 48184-1555

    Value Estimation by Request
    16,085 sqft · 3.19 AC lot
    View details
    36110 Van Born Rd
    MANUFACTURING (LIGHT)

    36110 Van Born Rd, Wayne, MI 48184-2071

    Value Estimation by Request
    2,856 sqft · 1.01 AC lot
    View details
    36000 Earl St
    WAREHOUSE, STORAGE

    36000 Earl St, Wayne, MI 48184-2076

    $775,000
    Estimated value
    30,362 sqft · 1.38 AC lot
    View details
    39055 Maple Ave
    INDUSTRIAL (GENERAL)

    39055 Maple Ave, Wayne, MI 48184-1530

    Value Estimation by Request
    6.38 AC lot
    View details
    3445 Mildred St
    STORAGE YARD, OPEN STORAGE

    3445 Mildred St, Wayne, MI 48184-1926

    Value Estimation by Request
    1,950 sqft · 0.15 AC lot
    View details
    3930 1st St
    MANUFACTURING (LIGHT)

    3930 1st St, Wayne, MI 48184-1788

    Value Estimation by Request
    8,936 sqft · 0.32 AC lot
    View details
    3720 Venoy Rd
    MANUFACTURING (LIGHT)

    3720 Venoy Rd, Wayne, MI 48184-1837

    $4,195,000
    Estimated value
    90,880 sqft · 10.05 AC lot
    View details
    4322 Walker St
    MANUFACTURING (LIGHT)

    4322 Walker St, Wayne, MI 48184-2026

    Value Estimation by Request
    3,228 sqft · 0.63 AC lot
    View details
    5000 Cogswell Rd
    INDUSTRIAL (GENERAL)

    5000 Cogswell Rd, Wayne, MI 48184-1517

    Value Estimation by Request
    5.10 AC lot
    View details
    5555 Treadwell St
    INDUSTRIAL (GENERAL)

    5555 Treadwell St, Wayne, MI 48184-1580

    $800,000
    Estimated value
    7.39 AC lot
    View details
    35337 Michigan Ave
    INDUSTRIAL (GENERAL)

    35337 Michigan Ave, Wayne, MI 48184-1609

    Value Estimation by Request
    5,993 sqft · 0.50 AC lot
    View details
    5055 Hannan Rd
    INDUSTRIAL (GENERAL)

    5055 Hannan Rd, Wayne, MI 48184-1568

    Value Estimation by Request
    9.63 AC lot
    View details
    38058 Van Born Rd
    INDUSTRIAL (GENERAL)

    38058 Van Born Rd, Wayne, MI 48184-1577

    $1,020,000
    Estimated value
    22,032 sqft · 2.09 AC lot
    View details
    3935 1st St
    INDUSTRIAL (GENERAL)

    3935 1st St, Wayne, MI 48184-1756

    Value Estimation by Request
    7,102 sqft · 0.33 AC lot
    View details
    34605 Brush St
    MANUFACTURING (LIGHT)

    34605 Brush St, Wayne, MI 48184-1705

    Value Estimation by Request
    5,711 sqft · 0.25 AC lot
    View details
    5501 Cogswell Rd
    INDUSTRIAL (GENERAL)

    5501 Cogswell Rd, Wayne, MI 48184-1504

    $525,000
    Estimated value
    5,712 sqft · 8.29 AC lot
    View details

    Wayne, MI Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Wayne, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,291 square feet of properties for sale, with an estimated market value of $3,089,425.

    Sale prices for industrial buildings in Wayne, MI start at $500,000, averaging $772,356, and reaching up to $1,249,425 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 3
    Distribution centers 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -1.0%
    Median Household Income $54,572
    College Educated 20.1%

    High-Yield Neighborhoods for Investment

    Identify Wayne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48184 $717.9K

    Taxes & Financing

    Tax Rate (average for all types) 6.40%
    Property Tax per SF $85.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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