920-934 S Wayne Rd - Freestanding FOR SALE


Westland, MI 48186
$899,000 USD
248-631-7422
920-934 S Wayne Rd, Westland, MI for Sale
$899,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

920-934 S Wayne Rd
Westland, MI 48186


HIGHLIGHTS

  • Well-maintained 10,000 SF retail center
  • Recent renovations include façade, parking lot, gutters, windows, doors, and lighting
  • New roof (2019) with warranty
  • Value-add opportunity with 2,000 SF available
  • Located on the west side of Wayne Road, between Cherry Hill and Palmer Roads in Westland, MI

OVERVIEW

• Well-maintained 10,000 SF retail center • Priced below replacement cost • Recent renovations include façade, parking lot, gutters, windows, doors, and lighting • New roof (2019) with warranty • Value-add opportunity with 2,000 SF available • Prime location with excellent visibility on Wayne Road • 26,025 vehicles per day on Wayne Road • Over 250,000 residents within a 5-mile radius • Located on the west side of Wayne Road, between Cherry Hill and Palmer Roads in Westland, MI

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Westland Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

CB-1

APN/PARCEL ID

56-057-03-0272-003

ASK ABOUT THIS PROPERTY

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248-631-7422

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Preston RabbanKJ CommercialMore Info
248-631-7422

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