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    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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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