Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3519 S Wayne Rd Wayne, MI 48184

    For Sale
    $199,000

    Mixed-use property in Downtown District with retail and apartments.

    Lot size:
    0.06 Acres

    Property Features for 3519 S Wayne Rd

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1925

    Source: RE/MAX Team 2000 Agent Michael Beydoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown District Mixed-Use Investment

    Located in the Downtown District, this mixed-use property features retail space on the main level and two apartment units on the upper level. The property includes on-site parking and offers high visibility. It is suitable for operators or investors seeking an investment opportunity. The property requires full renovation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.383087
    Latitude
    42.282985

    Nearby Similar for Sale

    • $575,000
      6,240 SF

      Updated Office Building on Wayne

      Turnkey office building with modern interior and excellent location.
      4621 S Wayne Rd, Wayne, MI 48184
      View Details
    • $99,900
      2,100 SF

      Established Repair Shop Business Opportunity

      Established repair shop and retail business for sale in Wayne.
      3123 S Wayne Rd, Wayne, MI 48184
      View Details
    • $2,100,000
      5,618 SF

      Turn-Key Event Venue in Wayne

      Premier commercial property suitable for weddings, banquets, and corporate events.
      35000 Sims St, Wayne, MI 48184
      View Details
    • $199,900
      2,812 SF

      Remodeled Commercial Building on Wayne Road

      Turnkey commercial property with updated features and high-exposure location.
      3144 S Wayne Rd, Wayne, MI 48184
      View Details
    • $250,000
      2,880 SF

      Versatile Commercial Building in Wayne

      Adaptable commercial building with prime location and convenient parking.
      5455 S Wayne Rd, Wayne, MI 48184
      View Details
    • $450,000
      4,470 SF

      Established Restaurant on Michigan Avenue

      Long-established restaurant for sale on high-traffic Michigan Avenue.
      32711 Michigan Ave, Wayne, MI 48184
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Downtown District with retail and apartments.
    Where is this mixed-use property located?
    The property is located at 3519 S Wayne Rd Wayne, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Exceptional visibility in the Downtown District; - Ample on-site parking is available; - High-profile investment opportunity
    (313) 912-5566
    Request Owner's contact information
    3519 S Wayne Rd Wayne, MI 48184
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3519 S Wayne Rd
    Wayne, MI 48184
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3519 S Wayne Rd Wayne, MI 48184
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.