25911 W MICHIGAN AVE Avenue, Wayne, MI 48184 (MLS# 25047757)
25911 W MICHIGAN AVE Avenue, Wayne, MI 48184
$3,000,000
Property Type:
Commercial Sale
Baths:
32
Square Footage:
16,000
Lot Size (sq. ft.):
38,333
Status:
Active
Current Price:
$3,000,000
List Date:
9/17/2025
Last Modified:
9/17/2025
Overview
Description
PROPERTY WAS FULLY REFURBISHED 2018 RECENTLY GONE THROUGH UPDATES IN MANY OF THE APPARTMENTS OCCUPANCY HAS BEEN BROUGHT UP 90% WITH A NUMBER OF SECTION 8 RENTERS IN THE RENT ROLL
Listing Details MLS# 25047757
Location Property Info
- County
- Wayne
- Street #
- 25911
- Street Direction
- W
- Street Name
- MICHIGAN AVE
- Suffix
- Avenue
- State
- MI
- Zip Code
- 48184
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.88
- Lot Square Footage
- 38333
- Lot Dimensions
- 106/357
- Year Built
- 1960
- Road Frontage
- 106
- Mineral Rights
- No
- Total # Units
- 32
- # Fin Bldg Lvls
- 16000
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total SqFt
- 16000
- Total Net SqFt
- 16000
- Property Use Type
- Investment
- Full Baths
- 32
- Total Baths
- 32
- Waterfront
- No
- School District
- Inkster
- Elementary School
- Daly School
- Middle School
- Tomlinson Middle School
- High School
- Robichaud Senior High School
Tax Info
- Tax ID #
- 44020010008020
- Taxable Value
- 693450
- SEV
- 69260
- For Tax Year
- 2024
- Seller's Annual Property Tax
- 53078
- Tax Year
- 2024
- Non-Conforming Use
- No
- Zoning
- COMMERCIAL
- Homestead %
- 0
- Spec Assessment & Type
- No
Income and Expenses
- Annual Maint ($)
- 100000
- Annual Prop Ins ($)
- 11000
- Net Operating Income
- 172920
- Total Actual Rent
- 337200
- Operating Expense
- 159280
Waterfront Options
- Water Access Y/N
- No
More Information
Location & Property Info
- Cross Streets
- MICHIGAN/TELEGRAPH
- Property Sub-Type
- Retail
- Area
- Wayne County - 100
- Municipality
- Inkster City
- Principal Road
- Yes
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 187.5
- Prop Avail for Lease?
- No
- Current Bldg Use
- APARTMENT BUILDING
Remarks & Misc
- Public Remarks
- PROPERTY WAS FULLY REFURBISHED 2018 RECENTLY GONE THROUGH UPDATES IN MANY OF THE APPARTMENTS OCCUPANCY HAS BEEN BROUGHT UP 90% WITH A NUMBER OF SECTION 8 RENTERS IN THE RENT ROLL
- Legal
- 30A8A11B 12A THAT PART OF LOT 8 SUBDIVISION OF THE NE 1/4 AND E 1/2 OF THE NW 1/4 OF SEC 30 LIBER 1 PAGE 26 DESCRIBED A
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Retail
- Yes
Construction Type
- Frame/Wood
- Yes
Exterior Material
- Brick
- Yes
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Electric
- Yes
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Heat Type
- Ductless
- Yes
- Forced Air
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
- Window Unit(s)
- Yes
Business Includes
- Equipment
- Yes
- Furniture
- Yes
- Real Estate
- Yes
Foundation
- Slab
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Driveway
- Gravel
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
- Purchase Money Mtg
- Yes
- Tax Def Exchange
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Property Features
Uses:
Retail
Ownership:
LLC
Business Includes:
Equipment; Furniture; Real Estate
Construction Type:
Frame/Wood
Exterior Material:
Brick; Vinyl Siding
Roofing:
Composition
Foundation:
Slab
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St:
Cable Available; Electricity Available; Natural Gas Available; Phone Available
Heat Source:
Electric; Natural Gas
Heat Type:
Ductless; Forced Air
Air Conditioning:
Wall Unit(s); Window Unit(s)
Driveway:
Gravel
Purchase Terms Avail:
Cash; Conventional; Purchase Money Mtg; Tax Def Exchange
Sale Conditions:
None
Possession:
Close Of Escrow; Negotiable; Subject To Tenant Rights
Listing Office:
D and E Realty
Listing Agent:
David Shepherd
Last Updated: September - 17 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.