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    3143 S Wayne Rd Wayne, MI 48184

    For Sale
    $150,000

    Commercial/office building in downtown Wayne, suitable for various businesses.

    Lot size:
    0.05 Acres

    Property Features for 3143 S Wayne Rd

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1947

    Source: The Signature Group Realty, LLC Agent Mike Pirzadeh

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

    Overview

    Downtown Wayne Commercial/Office Building

    This commercial/office building is located in the heart of downtown Wayne. The brick building offers over 1500 square feet of space, making it suitable for office, attorney/accounting office, retail, or service-oriented businesses. The layout includes two offices, a front desk, a reception area, and a large hall that could be converted into two additional offices. The property also includes bathrooms. A large public parking lot is located behind the property. The property is available for land contract with specific terms. Another office building nearby, located at 3151 S. Wayne Rd and offering close to 2000 square feet, is also available for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.383534
    Latitude
    42.286163

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    FAQs

    What type of property is this?
    Office space - Commercial/office building in downtown Wayne, suitable for various businesses.
    Where is this office space located?
    The property is located at 3143 S Wayne Rd Wayne, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime downtown Wayne location.; - Land contract available: $60k down, $1500/month, 8% interest for three years.; - Over 1500 sq ft of commercial/office space.
    (313) 565-0000
    Request Owner's contact information
    3143 S Wayne Rd Wayne, MI 48184
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    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
    3143 S Wayne Rd Wayne, MI 48184
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