19621 Wood ST , Melvindale, MI 48122
Est. $3,718/mo with current taxes · · See the breakdown
About this home
Rare opportunity to acquire a highly versatile 8,261 SF building (per recent survey previously marketed at 6,000 SF) located at 19621 Wood St in Melvindale. Formerly utilized as a parish residence, the property offers a functional layout with large common areas, multiple private rooms, and an industrial-grade kitchen, making it ideal for adaptive reuse. The building consists of 4,784 SF on the main level, 3,477 SF on the second level, and a 3,766 SF basement, along with a 404 SF garage and additional space. The size and layout provide flexibility for a wide range of residential, commercial, or institutional uses. Potential uses include multifamily conversion, office or corporate headquarters, daycare or educational facility, assisted living or foster care, nonprofit/community center, medical or counseling offices, logistics/dispatch operations, veterans rehabilitation, or similar uses. All proposed uses are subject to approval by the City of Melvindale. Buyer to verify zoning, obtain an approved survey, and submit a business plan for intended use. Investment Highlights: 8,261 SF Building (Verified by Survey) – Previously listed at 6,000 SF Large Footprint with Multiple Levels – 4,784 SF (Level 1) + 3,477 SF (Level 2) Additional Basement Space (3,766 SF) – Ideal for storage or expanded use Industrial Kitchen Already Installed – Significant value-add for food service or institutional use Flexible Layout – Multiple rooms and common areas allow various configurations Adaptive Reuse Opportunity – Suitable for residential, commercial, or institutional redevelopment Strong Upside Potential – Ideal for investors, nonprofits, or owner-users Garage + Additional Space Included Located in Melvindale with Easy Regional Access
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 60.05 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $490,000 |
| Beds | 8 |
| Baths | 3 full, 6 half |
| Square feet | 8,261 |
| Type | Single family residence |
| Subdivision | ROYCROFT SUB |
| County | Wayne |
| MLS # | 20261086195 |
| Listed | 2026-10-23 |
| Days on market | 10 |
| Year built | 1965 |
| Possession | At closing |
| Stories | 3 stories |
| Basement | Unfinished |
| Heating | Electric, Forced air, Hot water, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 6.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 47011020121300 |
| Listing office | Anthony Djon Luxury Real Estate |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $72,093 | about $245,000 |
| Yearly property tax | $6,338 | about $14,711 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $8,373 a year more than this seller pays. The assessor's state equalized value (SEV) is $111,800. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Melvindale's 2025 homestead rate of 60.05 mills and assumes you claim the homestead exemption. See Melvindale's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.