For Sale
18600 WYOMING Street, Detroit, MI 48221
$499,900
MLS # 20250018313 (Realcomp)
Built 19630.15 acres
1 / 17
Listing Description
Unlock the potential of this 5,000+ sq ft commercial building located in Detroit’s growing Wyoming Corridor, a key stretch of opportunity in the city’s District 2 development zone. Positioned at the high-traffic corner of Wyoming and Margareta, this solid brick building—originally constructed in the 1960s—is ready for your finishing touches.The structure features epoxy floors throughout, partial drywall, and plumbing in place for kitchens and bathrooms. Whether you envision a bar, restaurant, daycare, office hub, retail storefront, or storage facility, this space adapts to nearly any commercial use.Parking is available on both Wyoming Ave and Margarita St, and architectural plans from the current owner are included with the sale upon request. The wide-open layout, tall ceilings, and clean modern flooring offer the perfect foundation for a bold transformation.Strategically located minutes from the Avenue of Fashion, major expressways, and public transit routes, this property provides both visibility and accessibility in a revitalizing corridor.Land contract terms may be considered.All offers welcome—submit today!
Source: SparkMLS
About this home
Listed at $499,900.
Property tax estimate: $7,331 per year ($611/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.15 acres
Year Built1963
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
WaterPublic
Sale & Financing
Listed3/30/2025
Original Price$650,000
Source: SparkMLS
Tax Information
Annual Tax$8,026
Tax Year2025
State Equalized Value$89,200
Assessed Value$89,200
Parcel #16037763-5
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jonnita Cotton-Stanton
Legacy Park Realty INC
Frequently Asked Questions about 18600 WYOMING Street, Detroit, MI 48221
Which school district serves 18600 WYOMING Street, Detroit, MI 48221?
Per MLS# 20250018313, 18600 WYOMING Street, Detroit, MI 48221 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 18600 WYOMING Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $6,866. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 18600 WYOMING Street, Detroit, MI 48221 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 18600 WYOMING Street, Detroit, MI 48221 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 18600 WYOMING Street, Detroit, MI 48221. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 18600 WYOMING Street, Detroit, MI 48221?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$7,331
Monthly$611
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
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$
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Monthly payment$3,853
Principal & interest$3,242
Property taxes$611
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
18600 WYOMING Street, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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