7
See all 7 photos
$1,070,000
Est. payment /mo
5,200 SqFt
Price Dropped by $79K
5703-5727 S Wayne Road Wayne, MI 48184
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $205
Municipality Wayne City
Subdivision Wayne City
MLS Listing ID 20250000034
Annual Tax Amount $14,409
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 179.08x191.36
Source Realcomp
Property Description
SEE OM ATTACHED-Welcome to this 100% occupied 3 unit retail center.15+ years of tenancy for all 3 tenants with longterm leases all planning on renewing/staying.Below market rents if new owner has plans of increasing rents.Established Retail Hub: Surrounded by national retailers including Kroger, CVS, Dollar General, and McDonald's.100% occupied 3 unit retail center.Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne's busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility and traffic.Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne's busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility and traffic.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction Positioned in the middle of S Wayne Rd and Van Born and S Wayne Rd and Phyllis St
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Wayne-Westland
Others
Tax ID 55019030001000
Listed by New Era Real Estate LLC