5703-5727 S Wayne Road Wayne, MI ^$ 1,120,000

5703-5727 S Wayne Road

^$ 1,120,000

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5703-5727 S Wayne Road

Wayne, MI, 48184

^$ 1,120,000

Bedrooms-- Baths-- Sq 5,200

Monthly Estimate*

^$ 6,987

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 1

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 2

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 3

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 4

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 5

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 6

5703-5727 S Wayne Road, Wayne, MI 48184 - Image 7

Commercial Property for sale in Wayne, MI

for $1,120,000. This 5,200 square foot building was built on a lot size of 0.54.

SEE OM ATTACHED-Welcome to this 100% occupied 3 unit retail center. 10-15+ 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.

Commercial Active

Price

^$ 1,120,000

Property Type

Commercial

Taxes

^$ 14,409

Style

Commercial/Industrial

Lot Size

0.54

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

60362150

Features

General

Possession At Close

Water Public Water

Status Active Active

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Wayne

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Wayne (82083)

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

City Wayne

Financial Terms Cash Conventional

Legal Description 32V1 2 3A 3B1 44A 45 LOTS 1 AND 2 ALSO N 27.54FT LOT 3 ALSO ADJ ALLEY 20FT WD ALSO LOT 44 EXC E 20FT THEREOF ALSO LOT 45 ALSO W 1/2 ADJ VAC ALLEY RE-SUB OF HENRY AND EDSEL SUB T2S R9E L67 P28 WCR

DOM 336

Price Per Sq Ft Total AG 215.38

Public Remarks

Exterior

Exterior Brick

Frontage 127

Lot Size Area 0.54

Lot Dimensions 179.08x191.36

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Cameron Hansson

Listing Agent

New Era Real Estate Llc

Broker

cameron.realtysolutions@gmail.com

Affordability Calculator

$8,188

Per Month

Monthly Principal & Interest: $6,987
Monthly Property Taxes: $1,201
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wayne, MI

Average List Price ^$528,223

Percent of Sale Price 53%

About Wayne, MI

18,179 Population

-5% Since 2002

^$40,817 Median Income

40.16 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2025	$1,070,000	-6.88%	Price Down
2/7/2025	$1,149,000	-11.55%	Price Down
1/1/2025	$1,299,000		Listed Price

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5703-5727 S Wayne Road, Wayne, MI, 48184 is a Commercial Property for sale at $1,120,000 with 5,200 sqft and a lot size of 0.54. The property's zip code is 48184 which is in Wayne, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5703-5727 S Wayne Road

Commercial Property for sale in Wayne, MI

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