Westland Marketplace _ Sale
$899,000
920-934 S. Wayne Road, Westland, MI 48186
For Sale
Retail
Neighborhood Center
Active
Last Updated: 03/13/2025
10,000 sqft
Building Size
0.693 acres
Lot Area
Details:
Building Size: 10,000 sqft
Lot Area: 0.693 acres
Occupancy: 80%
Units: 3
Year Built: 1965
Highlights:
- Well-maintained 10,000 SF neighborhood center
- Priced well 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
Description:
This well-maintained 10,000 SF neighborhood center is priced well below replacement cost and offers a value-add opportunity with 2,000 SF available. Recent renovations include a refreshed façade, upgraded parking lot, new gutters, windows, doors, and lighting. A new roof was installed in 2019 and comes with a warranty. Positioned on busy Wayne Road, the property boasts excellent visibility with 26,025 vehicles passing by daily and a strong customer base of over 250,000 residents within a five-mile radius.
Located on the west side of Wayne Road, between Cherry Hill and Palmer Roads in Westland, MI.
Documents:
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Offering_Memorandum___920-934_S._Wayne_Road.pdf |
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