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5703-5727 S Wayne Road Wayne, MI 48184
5,200 SqFt
UPDATED:
02/10/2025 09:20 PM
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
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
