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Free-Standing Retail/Office Building
For Sale
Contact for pricing
Pending

1361 S Wayne Rd, Westland, MI 48186

Free-standing building offers two tenant spaces, with a front barber shop vacating and a back insurance office on month-to-month.

Property SizeContact for details
Days on Market147

Property Features for 1361 S Wayne Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: KW Commercial Dearborn
Listed By: Nick Jaafar · License #6501403947
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Sep 2 at 1:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Dearborn

Investment Insights

Based on property information with market context.

This free-standing building includes two currently occupied spaces: a front barber shop and a back insurance office. The barber shop is scheduled to vacate on 12/31/2022, while the insurance office remains on a month-to-month arrangement. Property dimensions are listed as approximately 77 by 215, and the seller indicates the building sits on almost a half acre. Architectural drawings for a 4,300-square-foot strip center are provided with the property.

The offering also notes that a land contract is available and that the seller will consider all offers. Measurements are approximate, and the agent advises buyers to verify all information.

Please review the existing configuration and timing of the barber shop vacancy as part of your planning for re-tenanting, redevelopment, or alternative uses supported by your due diligence.

Key Highlights

  • Free‑standing building on almost a half acre with two tenant spaces
  • Current tenants pay a total of $1,350/month (barber shop in front + insurance office in back)
  • Barber shop space will vacate on 12/31/2022

Property Analytics

Current Use

Look! Insurance Insurance Agency Dick's Barber Shop Barber Shop Exclusively Yours Nail ... Nail Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48186, MI

35,690
Population
14,543
Households
2.5
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
4,300
Density / Sq Mi
$67,203
Median Household Income
$37,591
Median Earnings
$1,083
Median Rent
$167,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Evie's Fiori 35065 Glenwood Rd, Wayne, MI 48184

Frequently Asked Questions

What type of property is this?
Storefront property - Free-standing building offers two tenant spaces, with a front barber shop vacating and a back insurance office on month-to-month.
Where is this storefront property located?
The property is located at 1361 S Wayne Rd Westland, MI.
What are key features of this property?
This property features: Free‑standing building on almost a half acre with two tenant spaces; Current tenants pay a total of $1,350/month (barber shop in front + insurance office in back); Barber shop space will vacate on 12/31/2022
(313) 706-7011 Call to check price and availability
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