For Sale
$1,500,000

44100 Michigan Ave Canton, MI 48188

Prime Canton location, high potential.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional Canton, MI multifamily investment opportunity presents a compelling blend of immediate income and significant future development potential. The assemblage comprises two six-unit apartment buildings, a duplex, a single-family home, and a commercially leased building (Canton Glass), all situated on a 5.37-acre parcel at 44100 Michigan Ave, 48188. Currently zoned MR (Multi-family Residential), this property offers substantial upside through rental rate increases

Highlights

  • Significantly below-market rents offer immediate value-add potential.
  • Month-to-month leases maximize flexibility and rental income.
  • 5.37-acre site ideal for multifamily, senior living, or retail development.
  • Four-parcel assemblage with public water and sewer.
  • Excellent access to I-275.
  • Prime location in the Detroit MSA, near Detroit Metropolitan Airport (DTW).

Property Details for 44100 Michigan Ave

Property type
Apartment buildings
Lot Size (sq. ft)
233,917 SF

Location Insight

City
Canton
County
Wayne
State
Michigan
Latitude
42.2757976
Longitude
-83.4738015

FAQs

What type of property is this?
Apartment building - Prime Canton location, high potential.
Where is the apartment building located?
The property is located at 44100 Michigan Ave Canton, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Significantly below-market rents offer immediate value-add potential.; Month-to-month leases maximize flexibility and rental income.; 5.37-acre site ideal for multifamily, senior living, or retail development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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44100 Michigan Ave
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