524 N. Wayne Road

Retail-Commercial for Sale
Catylist Listing ID: 29971205
Building Size (RSF): 2,050 SF
Gross Building Area: See Agent
Gross Land Area: 0.42 Acres
Sale Price: $100,000
Unit Price: $48.78 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Commercial property with home of 996 sq. ft. plus attached garage of 1,054 sq. ft.
Great opportunity for contractors, studios, day care or redevelop for freestanding retail/office. Site to be sold with .23 acres site also on Wayne Road.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $2,407 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 56-043-02-0221-000
Zoning: CB-1 & R-5
Property Located Between: N. of Cherry Hill Road
Largest Nearby Street: Wayne Rd. Btw Cherry Hill & Marquette
Traffic/Vehicle Count: 33,312
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,050 SF
Property Condition: Average
Roof Type: Other
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample Parking

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,482 137,110 308,865
Median Age: 39.99 38.16 38.38
Households: 6,239 57,014 124,497

Source

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