34233 MICHIGAN AVE

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34233 MICHIGAN AVE

Wayne, MI 48184
Asking Price
$500K
Asset Type
Office
Class
Class B

What's Special

34233 Michigan Avenue is situated in the central business district of Wayne, Michigan. The property occupies a prominent position along a major commercial corridor characterized by a mix of local retail, professional services, and municipal offices. Nearby amenities include various fast-casual dining options, banking centers, and the Wayne Public Library. The location offers direct access to Michigan Avenue (US-12), a primary east-west artery, and is positioned within four miles of I-275, providing regional connectivity to Detroit Metropolitan Airport and the greater metropolitan area. The property is suited for professional office use, including administrative headquarters, legal practices, or insurance agencies. Its layout and high-visibility frontage make it an appropriate fit for service-oriented firms requiring a blend of private offices and client meeting spaces. Typical tenants for this asset profile include satellite corporate offices, non-profit organizations, or medical billing services seeking functional space within a established community hub. The site’s accessibility caters well to businesses prioritizing a central location for both employee commuting and local client acquisition.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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