Mixed-Use Property with 4
For Sale
Contact for pricing
Pending
4908 S Wayne Rd, Wayne, MI 48184
Established smoke shop tenancy complements the property’s residential component in Downtown Wayne.
Property SizeContact for details
Days on Market141
Property Features for 4908 S Wayne Rd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Simon & Associates Real Estate
(248) 635-2880
Listed By:
Simon Saleh · License #MI427828
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:56PM
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 Simon & Associates Real Estate
Investment Insights
Based on property information with market context.
Located at 4908 S Wayne Rd in Wayne, MI, this mixed-use property combines an established smoke shop with four residential units. The smoke shop has operated at the property for over 20 years and is occupied by a long-term tenant, providing an existing commercial component alongside the residential space.
One of the residential units is described as convertible into 3 units, offering a potential reconfiguration within the existing residential component. The property is positioned in Downtown Wayne and includes both storefront and residential elements in a single asset.
One of the residential units is described as convertible into 3 units, offering a potential reconfiguration within the existing residential component. The property is positioned in Downtown Wayne and includes both storefront and residential elements in a single asset.
Key Highlights
- Established smoke shop operating at the property for over 20 years
- Long‑term tenant occupies the smoke shop
- Four residential units included
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 48184, MI
17,776
Population
7,739
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
2,469
Density / Sq Mi
$54,572
Median Household Income
$36,548
Median Earnings
$924
Median Rent
$142,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Established smoke shop tenancy complements the property’s residential component in Downtown Wayne.
Where is this mixed-use property located?
The property is located at 4908 S Wayne Rd Wayne, MI.
What are key features of this property?
This property features: Established smoke shop operating at the property for over 20 years; Long‑term tenant occupies the smoke shop; Four residential units included
