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    34905 E Michigan Ave Wayne, MI 48184

    For Sale
    $160,000

    Two-story, 1,792 SF building with high visibility and growth potential.

    Property size:
    1,792 SF
    Lot size:
    0.17 Acres

    Property Features for 34905 E Michigan Ave

    General Information

    Size
    1,792 SF
    Lot size
    0.17 Acres

    Source: Coldwell Banker Commercial Haynes Real Estate Agent Thomas Fritz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Wayne Office Building For Sale

    Located in downtown Wayne, this two-story building offers 1,792 square feet of space. The property, previously used for office purposes, combines historic charm with commercial potential. It is situated within walking distance of local shops and restaurants. The building features high visibility, monument signage, and exposure to high vehicular traffic along Michigan Avenue. Architectural details are present both inside and out. The listing includes an adjacent parcel, offering potential for expansion or additional parking. This property is suitable for professional offices, a creative workspace, or small-scale retail.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3821934
    Latitude
    42.2797984

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    FAQs

    What type of property is this?
    Office building - Two-story, 1,792 SF building with high visibility and growth potential.
    Where is this office building located?
    The property is located at 34905 E Michigan Ave Wayne, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - 1,792 sq ft two-story building in downtown Wayne.; - High visibility and monument signage on Michigan Ave.; - Ideal for professional offices, creative workspace, or small-scale retail.
    (734) 625-7100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34905 E Michigan Ave Wayne, MI 48184
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