1531-1553 S Wayne Rd - Storefront FOR SALE


Westland, MI 48186
$1,250,000 USD
313-478-5400
1531-1553 S Wayne Rd, Westland, MI for Sale
$1,250,000 USD
Storefront - FOR SALE
1/25
null | Request Cap Rate

1531-1553 S Wayne Rd
Westland, MI 48186


HIGHLIGHTS

  • Value-Add Retail Center with In-Place Income
  • Tremendous Upside Through Renovation and Lease-Up
  • Strong Retail Trade Area with a Mix of National and Regional Tenants
  • 320 Feet of Frontage on Wayne Road
  • Located within a Densely Populated Neighborhood

OVERVIEW

21,819 SF Value-Add Retail Center

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

111

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

CB1

APN/PARCEL ID

56-063-02-0007-000

ASK ABOUT THIS PROPERTY

Frank RakipiThomas Duke CompanyMore Info
313-478-5400

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Frank RakipiThomas Duke CompanyMore Info
313-478-5400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.