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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Michigan Ave & Old Canton Ctr Rd Canton, MI 48188

1 SF 16.19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 16.19 ac (705,236 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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