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34533441

40027 Michigan Avenue W, Canton, MI 48188 For Sale

GB
MI 6501272277, MI 6701272277
RE/MAX Dream Properties
Listed by RE/MAX Dream Properties
$1,500,000
8 days on market
Updated 2 days ago

40027 Michigan Avenue W

Details
APN 71141990031000
Property Type Business for Sale, Industrial (+1)
Sub Type Business and Building, Warehouse (+2)
Square Footage 1,902
NOI $120,575
Year Built 1940
Acreage 3.380

Business for Sale | 1,902 SqFt

Marketing description

Income-producing 3.33-acre commercial opportunity in Canton with strong frontage along Michigan Avenue. Property includes 5 residential units plus 114 outdoor storage spaces serving RV, auto, and boat users. Multiple income streams, high visibility, easy I-275 access, and future value-add or redevelopment potential make this a compelling offering.
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Listing Contacts

GB
MI 6501272277, MI 6701272277
RE/MAX Dream Properties
Listed by RE/MAX Dream Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,575.00
$10,047.92/mo

Valuation Metrics

0
DSCR
8.04%
Cap Rate
8.04%
ROI

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Additional Information

Name
Glen Brown
License
6501272277
Brokerage
RE/MAX Dream Properties
Brokerage Phone
7344623600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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