35732 W Michigan Ave Wayne, MI 48184
Value-add apartment building in downtown Wayne needing full renovation.
Type:Multifamily
Property size:
9,000 SF- Added:
- Feb 18, 2026
- Days on Market:
- 42
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 35732 W Michigan Ave
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1924
Listing agent Nick Jaafar License #6501403947
Listing office KW Commercial Dearborn (313) 706-7011
Listing date Feb 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Dearborn
Overview
Downtown Wayne Apartment Renovation Opportunity
Located in downtown Wayne, this approximately 9,000 square foot apartment building presents a value-add opportunity. Approved for eight residential units, the building features four units on the upper level and four units on the lower level. The property is in need of full renovation, offering potential for investors looking to renovate and maximize returns. Recent capital improvements include new windows throughout the building, representing an investment of approximately $50,000. The adjacent vacant land may be available for purchase from the city, presenting an opportunity to create additional parking and further enhance the property’s long-term value and functionality. All measurements are approximate. Intended use is residential.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3916234
- Latitude
- 42.2826851
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add apartment building in downtown Wayne needing full renovation.
Where is this apartment building located?
The property is located at 35732 W Michigan Ave Wayne, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Value‑add opportunity in downtown Wayne requiring full renovation.; Approved for eight residential units (4 upper, 4 lower).; Vacant adjacent land potentially available from the city for additional parking.
