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    Wayne, MI
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    Wayne, MI Restaurants for Sale

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    Westland, MI Romulus, MI Huron Twp, MI
    Restaurant Building on Wayne Road
    Updated: Mar 4
    Restaurant Building on Wayne Road

    5006 S Wayne Rd, Wayne, MI 48184

    $285,000
    1,789 sqft
    Prime commercial location on highly traveled Wayne Road with excellent visibility and strong daily traffic counts.
    Turnkey restaurant operation with included hood system and essential restaurant equipment.
    Free‑standing commercial building with prominent frontage and ample on‑site parking.
    Real estate included in the sale.
    Flexibility for continued restaurant use or conversion to other commercial concepts (subject to municipal approval).
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    This listing looks promising.

    Here's a quick look at some key insights for

    5006 S Wayne Rd, Wayne, MI 48184

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $331K
      Above asking

    • Last Sold

      Mar 2025
      $138K

    • Property Type

      Restaurant
      Built 1957
    View Property Analytics
    Turn-Key Event Venue in Wayne
    Updated: Feb 19
    Turn-Key Event Venue in Wayne

    35000 Sims Street, Wayne, MI 48184

    $1,850,000
    5,618 sqft · 0.77 AC lot
    Turn‑key event venue with capacity for up to 400 guests, suitable for various events.
    Prime location at a high‑traffic corner in the heart of Wayne's Major Business District, near City Hall, Goudy Park, and the future amphitheater.
    Full commercial kitchen and recently installed bar to support catering and dining needs.
    Ample parking and exceptional ingress/egress, with venue stairway serving as a main pathway to the future amphitheater.
    Prime exterior signage space on a bustling corner with maximum visibility.
    View details
    Former Bar on High-Traffic Corridor
    Former Bar on High-Traffic Corridor

    35676 Van Born Rd, Wayne, MI 48184

    $475,000
    4,000 sqft · 0.50 AC lot

    High-visibility location ideal for restaurant, retail, or drive-thru concepts.

    View details
    Wayne Event Venue For Sale
    Wayne Event Venue For Sale

    35000 Sims St, Wayne, MI 48184

    $1,850,000

    Turn-key event venue in Wayne, MI, accommodates up to 400 guests.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant Building on Wayne Road
    Restaurant Building on Wayne Road

    5006 S Wayne Rd, Wayne, MI 48184

    $275,000

    Free-standing commercial building, fully equipped restaurant on high-traffic Wayne Road.

    View details
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 5 Active listings in Wayne, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bakery Ready for New Owner
    Bakery Ready for New Owner

    844 N WAYNE Road, Westland, MI 48185

    $425,000
    2,718 sqft · 0.26 AC lot

    Prime location with high visibility and equipped kitchen.

    View details
    Turnkey Restaurant with Unique Concept
    Turnkey Restaurant with Unique Concept

    1082 Inkster Rd, Inkster, MI 48141

    $75,000

    Fully equipped restaurant with self-serve cooking experience for sale.

    View details
    Turnkey Restaurant with Self-Serve Stations
    Turnkey Restaurant with Self-Serve Stations

    1082 Inkster Road, Inkster, MI 48141

    $39,900
    1,000 sqft

    Fully equipped Korean-inspired ramen and Asian-snack operation with dine-in seating and induction cooking stations in a strip plaza.

    View details
    Freestanding Drive-Thru Restaurant Building
    Freestanding Drive-Thru Restaurant Building

    6308 N Wayne Rd, Westland, MI

    $495,000
    2,839 sqft · 0.64 AC lot

    Fully equipped, newly renovated drive-thru restaurant building with ample parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Retail Investment Opportunity
    Prime Retail Investment Opportunity

    35164 W Michigan Ave |, Wayne, MI 48184

    Contact for pricing
    0.50 AC lot

    0.50-acre parcel in a Qualified Opportunity Zone.

    View details
    Romulus Land with Development Potential
    Romulus Land with Development Potential

    6130 WAYNE Road, Romulus, MI 48174

    $195,000
    11.70 AC lot

    11.7 acre parcel zoned for commercial and multi-family development.

    View details
    Commercial Land in Romulus, MI
    Commercial Land in Romulus, MI

    VAC WAYNE, Romulus, MI 48174

    $149,000
    1.20 AC lot

    Commercial zoned corner lot with high traffic location.

    View details
    Romulus Retail Development Opportunity
    Romulus Retail Development Opportunity

    32870 Wick Road |, Romulus, MI 48174

    Contact for pricing
    30.00 AC lot

    Highway service retail development site near Detroit Metropolitan Airport.

    View details

    Off-Market Properties in Wayne, MI

    Consider similar Off-Market properties in Wayne, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    34830 Michigan Ave
    BAR, TAVERN

    34830 Michigan Ave, Wayne, MI 48184-1731

    Value Estimation by Request
    3,478 sqft · 0.11 AC lot
    View details
    5006 Wayne Rd
    RESTAURANT

    5006 Wayne Rd, Wayne, MI 48184-2313

    Value Estimation by Request
    1,789 sqft · 0.11 AC lot
    View details
    35454 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    35454 Michigan Ave, Wayne, MI 48184-1634

    Value Estimation by Request
    1,344 sqft · 0.20 AC lot
    View details
    34250 Michigan Ave
    RESTAURANT

    34250 Michigan Ave, Wayne, MI 48184-1744

    Value Estimation by Request
    2,185 sqft · 0.35 AC lot
    View details
    35234 Michigan Ave
    BAR, TAVERN

    35234 Michigan Ave, Wayne, MI 48184-1693

    $565,000
    Estimated value
    5,700 sqft · 0.18 AC lot
    View details
    34475 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    34475 Michigan Ave, Wayne, MI 48184-1763

    $770,000
    Estimated value
    3,410 sqft · 0.67 AC lot
    View details
    33540 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    33540 Michigan Ave, Wayne, MI 48184-2722

    $630,000
    Estimated value
    2,456 sqft · 1.19 AC lot
    View details
    3007 Wayne Rd
    RESTAURANT

    3007 Wayne Rd, Wayne, MI 48184-1218

    Value Estimation by Request
    672 sqft · 0.13 AC lot
    View details
    34438 Michigan Ave
    RESTAURANT

    34438 Michigan Ave, Wayne, MI 48184-1742

    Value Estimation by Request
    2,975 sqft · 0.52 AC lot
    View details
    35830 Michigan Ave
    RESTAURANT

    35830 Michigan Ave, Wayne, MI 48184-1631

    Value Estimation by Request
    1,620 sqft · 0.10 AC lot
    View details
    4429 Wayne Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    4429 Wayne Rd, Wayne, MI 48184-2114

    Value Estimation by Request
    1,720 sqft · 0.43 AC lot
    View details
    34816 Michigan Ave
    BAR, TAVERN

    34816 Michigan Ave, Wayne, MI 48184-1731

    $640,000
    Estimated value
    6,276 sqft · 0.65 AC lot
    View details
    3103 Wayne Rd
    RESTAURANT

    3103 Wayne Rd, Wayne, MI 48184-1220

    Value Estimation by Request
    2,657 sqft · 0.10 AC lot
    View details
    32925 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    32925 Michigan Ave, Wayne, MI 48184-1841

    $890,000
    Estimated value
    2,346 sqft · 1.14 AC lot
    View details
    35676 Van Born Rd
    BAR, TAVERN

    35676 Van Born Rd, Wayne, MI 48184-2452

    Value Estimation by Request
    3,586 sqft · 0.40 AC lot
    View details
    34441 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    34441 Michigan Ave, Wayne, MI 48184-1763

    $585,000
    Estimated value
    1,648 sqft · 0.60 AC lot
    View details
    32940 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    32940 Michigan Ave, Wayne, MI 48184-1842

    $960,000
    Estimated value
    2,528 sqft · 0.84 AC lot
    View details
    35445 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    35445 Michigan Ave, Wayne, MI 48184-1687

    $515,000
    Estimated value
    2,727 sqft · 0.49 AC lot
    View details
    32967 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    32967 Michigan Ave, Wayne, MI 48184-1841

    $785,000
    Estimated value
    2,610 sqft · 1.94 AC lot
    View details

    Wayne, MI Restaurants Market Trends and Statistics

    Explore 24 restaurants for sale in Wayne, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,407 square feet of properties for sale, with an estimated market value of $2,610,000.

    Sale prices for restaurant properties in Wayne, MI start at $285,000, averaging $870,000, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -1.0%
    Median Household Income $54,572
    College Educated 20.1%

    High-Yield Neighborhoods for Investment

    Identify Wayne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48184 $947K

    Taxes & Financing

    Tax Rate (average for all types) 6.40%
    Property Tax per SF $85.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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