5703-5727 S wayne Road Wayne, MI 48184

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$1,299,000

Market Estimate

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5,200 sq. ft.
0.54 Acres
Commercial Lease
MLS# 60362150

Listing provided courtesy of: New Era Real Estate LLC - 248-991-9588

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Property Details

Description

SEE OM ATTACHED-Welcome to this 100% occupied 3 unit retail center. 20+ 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 McDonaldÃ¢‚„¢s. 100% occupied 3 unit retail center. 20+ 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 McDonaldÃ¢‚„¢s. Prime Retail Corridor: Positioned along S Wayne Rd, one of WayneÃ¢‚„¢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 WayneÃ¢‚„¢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.

General Features
- Acreage 0.54
- Area Municipality Wayne (82083)
- County Wayne
- Originating MLS RealComp
- Ownership Private
- Total SqFt Finished 5200
- Waterfront Y/N No
- ZONING Commercial
Building Features
- Exterior Construction Brick
Property Features
- Water Public Water
- Lot Size 179.08x191.36
- Roads Paved Street
- Sewer Septic Public Sanitary

Contact

Ron Walczak

REALTOR

RE/MAX Platinum

Direct: 810-344-3360

Neighborhood

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $1,299,000
1/1/2025 3:05:00 PM	New in Database Source: Multiple Listing Service	New Value: $1,299,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.