0 Michigan Ave & Old Canton Ctr Rd, Canton, MI 48188
This exceptional commercial property presents a unique investment opportunity along the bustling Michigan Avenue and Old Canton Center Road intersection in Wayne County. The site offers a flexible range of land parcels, ideal for various retail developments. Currently, there are three available retail spaces, with lot sizes ranging from 1.47 to 3.82 acres, providing ample space for individual businesses or a cohesive retail center. The total land area encompasses up to 16.19 acres, offering significant expansion potential. The property boasts an impressive 1,000 feet of frontage along Michigan Avenue, ensuring high visibility and accessibility for potential tenants and customers. Multiple outparcels are also available, allowing for diverse development options and maximizing investment returns. The C3 zoning designation provides flexibility for a wide array of commercial uses. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area with strong growth potential. The available land and existing spaces provide a unique opportunity to develop a thriving retail hub in a desirable location. The property's size and zoning make it suitable for a variety of retail concepts, from smaller boutique shops to larger anchor stores. This is a rare opportunity to acquire a significant commercial property in a high-demand area. Serious inquiries are encouraged to explore the possibilities of this exceptional retail investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.