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35080 Chestnut St
Wayne, MI 48184
Land For Sale
·
0.07 AC
Investment Highlights
- Positioned within a dense residential and commercial trade area
- Surrounded by local neighborhood businesses
- Located at the northeast corner of Wayne Road & Chestnut Street
- Close proximity to national retailers including Dollar Tree and True Value Hardware
- Strong traffic exposure along Wayne Road
- Approximately 0.5 mile north of Michigan Avenue
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | Commercial - Commercial Zoned District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.07 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial Zoned District |
1 Lot Available
Lot
| Price | $90,641 CAD | Lot Size | 0.04 AC |
| Price Per AC | $2,266,580.36 CAD |
| Price | $90,641 CAD |
| Price Per AC | $2,266,580.36 CAD |
| Lot Size | 0.04 AC |
Description
The property at 35080 Chestnut Street is a 1,742-square-foot vacant land site centrally located in the City of Wayne, Michigan. Situated at the northeast corner of Wayne Road and Chestnut Street, the parcel offers excellent visibility and convenient access along one of the area’s primary north-south commercial corridors. Zoned B-2, the site is suitable for a variety of small-scale retail, service, or neighborhood commercial uses. The property is surrounded by established local businesses while also benefiting from nearby national retailers and service providers. Its location approximately half a mile north of Michigan Avenue places the site within close proximity to major traffic drivers, commuter routes, and I-275. With strong surrounding demographics, solid daily traffic counts along Wayne Road, and a highly visible corner location, this offering presents an attractive opportunity for an owner-user or investor seeking a compact commercial site in a well-established Downriver retail market.
Property Taxes
| Parcel Number | 55-003-05-0180-301 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $370,650 CAD |
Property Taxes
