Wayne, MI 48184,5703-5727 S Wayne Road
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Wayne, MI 48184,5703-5727 S Wayne Road
Wayne, MI 48184,5703-5727 S Wayne Road
Wayne, MI 48184,5703-5727 S Wayne Road
Wayne, MI 48184,5703-5727 S Wayne Road
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$ 1,149,000
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5703-5727 S Wayne Road Wayne, MI 48184

5,200 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $220

MLS Listing ID 20250000034

Originating Board Realcomp II Ltd

Annual Tax Amount $14,409

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 179.08x191.36

Property Sub-Type Real Estate Only

Property Description

SEE OM ATTACHED-Welcome to this 100% occupied 3 unit retail center.

Coney Island is owner used and can extend lease at closing if requested.

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 McDonald'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 McDonald's.

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.

Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.

Location

State MI

County Wayne

Area Wayne

Zoning Commercial

Direction Positioned in the middle of S Wayne Rd and Van Born and S Wayne Rd and Phyllis St

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Wayne-Westland

Others

Tax ID 55019030001000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service


Realcomp MLS
Listed by Cameron Hansson of New Era Real Estate LLC
agent
Tyrone Powell

Agent | License ID: 393100

+1(734) 890-6919 | powelladvantageteam@gmail.com

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5703-5727 S Wayne Road