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1531-1553 S Wayne Rd
Westland, MI 48186
Retail Property For Sale

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
22,000 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.76 AC
Zoning
CB1 - Commercial Business
Parking
111 Spaces (7.4 Spaces per 1,000 SF Leased)
Frontage
316’ on Wayne Rd

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
56-063-02-0007-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$696,900
  • Listing ID: 29406532

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 1531-1553 S Wayne Rd, Westland, MI 48186

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