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 agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $205
MLS Listing ID 60362150
Annual Tax Amount $14,409
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 179.08x191.36
Property Sub-Type Commercial/Industrial
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 (82083)
Zoning Commercial
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by New Era Real Estate LLC