Turnkey Brick Office
S 4621 & 4615 S Wayne Road Unit SourceFi Wayne, MI 48184
S 4621 & 4615 S Wayne Road Unit SourceFi, Wayne, MI, 48184
$435,000
For Sale
$435,000
Updated brick office building with private offices, conference rooms, and multiple restrooms, offered with turnkey readiness.
Property Size6,240 SF
Price / SF$69.71
Days on Market248
Property Features for S 4621 & 4615 S Wayne Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 6,240 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
J Dillon Realty
(734) 777-4448
Listed by
Joshua Dillon · License #6502417067
(734) 777-4448
Source
Xome
Added: Nov 14, 2025 Checked: Jul 19 at 2:18 am
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 J Dillon Realty
Investment Insights
Based on property information with market context.
This updated brick office building offers turnkey readiness for a professional operation. The layout includes 9 private executive offices, multiple conference rooms, a welcoming lobby with receptionist station, an open common work area, and a dedicated lounge/dining space for staff. Additional improvements include multiple restrooms, a large storage or file/archive room, updated lighting, and newer flooring.
The property is positioned along the high-visibility S Wayne Rd commercial corridor and is minutes from I-275, I-94, and Michigan Ave, with access to Metro Detroit. It is also approximately 10 minutes from Detroit Metro Airport (DTW). Ample onsite parking and main road frontage support convenient client and staff access.
The building uses two combined addresses, 4615 and 4621 S Wayne Rd, which can support flexible internal configuration for multi-department separation or collaboration zones. Currently zoned B3, the property is well suited for medical, legal, financial, administrative, call center, creative agency, or other professional service uses.
The property is positioned along the high-visibility S Wayne Rd commercial corridor and is minutes from I-275, I-94, and Michigan Ave, with access to Metro Detroit. It is also approximately 10 minutes from Detroit Metro Airport (DTW). Ample onsite parking and main road frontage support convenient client and staff access.
The building uses two combined addresses, 4615 and 4621 S Wayne Rd, which can support flexible internal configuration for multi-department separation or collaboration zones. Currently zoned B3, the property is well suited for medical, legal, financial, administrative, call center, creative agency, or other professional service uses.
Key Highlights
- 6,240 sq. ft. brick office building with updated interiors and rubber roof
- Floor plan includes 9 private executive offices, multiple conference rooms, and a receptionist‑style lobby
- Dedicated lounge/dining space plus open cubicle/common work area for team collaboration
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $6.00 |
| − Vacancy | −$8.8k | −$1.41 |
| EGI | $28.6k | $4.59 |
| − OpEx | −$7.2k | −$1.15 |
| NOI | $21.5k | $3.44 |
6,240 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$938.7K
$821.4K – $1.10M
NOI $65,711 @ 7.0% cap · market cap 15.11%
Second Best
Office B
$306.9K
$268.5K – $358.0K
NOI $21,481 @ 7.0% cap · market cap 4.94%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $80,870 @ 7.0% cap · market cap 18.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Updated brick office building with private offices, conference rooms, and multiple restrooms, offered with turnkey readiness.
Where is this office building located?
The property is located at S 4621 & 4615 S Wayne Road Unit SourceFi Wayne, MI.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 6,240 sq. ft. brick office building with updated interiors and rubber roof; Floor plan includes 9 private executive offices, multiple conference rooms, and a receptionist‑style lobby; Dedicated lounge/dining space plus open cubicle/common work area for team collaboration
