Lot/land

$190,000

0 E Michigan Ave, Wayne, MI 48184

--beds

--baths

0.3Acres

Land

Built in ----

0.3 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

High-visibility corner parcel

Shovel-ready development opportunity in the heart of Downtown Wayne! This high-visibility corner parcel at Michigan Ave & Wayne Rd includes full architectural plans for an 8-unit residential condo project. Previously approved and nearly permit ready, save time and costs by building on existing momentum. Zoned multi-family residential (MF) with utilities available at the street. Steps from public parking, walkable to shops, restaurants, and city amenities. Ideal for developers looking to break ground quickly in a growing market. Plans and renderings available upon request.

398 days

45

1

Facts & features

Interior

Features

Has basement: No
Has fireplace: No

Property

Lot

Size: 0.3 Acres
Dimensions: 178 x 73

Details

Parcel number: 55018010198302
Zoning description: MultiFamily, Residential, SitePlanCondo
Special conditions: Short Sale No,Standard

Utilities & green energy

Sewer: Unknown
Water: None

Community & HOA

Community

Subdivision: ASSRS WAYNE 4

Location

Region: Wayne

Financial & listing details

Tax assessed value: $26,800
Annual tax amount: $2,013
Date on market: 6/7/2025
Cumulative days on market: 398 days
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$933/mo

Price history

Date	Event	Price
7/9/2025	Price change	$190,000-24%
Source: Realcomp II #20251005390 Report a problem
6/7/2025	Listed for sale	$250,000+526.6%
Source: Realcomp II #20251005390 Report a problem
3/15/2023	Sold	$39,900
Source: MiRealSource #50003020 Report a problem
2/17/2023	Pending sale	$39,900+99.5%
Source: MiRealSource #50003020 Report a problem
9/27/2021	Price change	$20,000-49.9%
Source: Realcomp II #2210080451 Report a problem
1/7/2020	Listed for sale	$39,900
Source: MiRealSource #50003020 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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