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    Wayne, MI
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    Wayne, MI Retail Properties & Spaces for Sale

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    Westland, MI Romulus, MI Huron Twp, MI
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    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).
    View details

    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
    Downtown Wayne Commercial Building For Sale
    Downtown Wayne Commercial Building For Sale

    35540 W Michigan Avenue, Wayne, MI 48184

    $625,000
    10,688 sqft · 0.27 AC lot

    Two-story commercial building with ample parking in downtown Wayne, Michigan.

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    Established Auto Repair Business For Sale
    Established Auto Repair Business For Sale

    3041 S Wayne Road, Wayne, MI 48184

    $1,200,000
    4,867 sqft · 0.29 AC lot

    Well-equipped auto repair shop with prime location and established clientele.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

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    Established Repair Shop Business Opportunity
    Established Repair Shop Business Opportunity

    3123 S WAYNE Road, Wayne, MI 48184

    $99,900
    2,100 sqft · 0.05 AC lot

    Well-established repair shop and retail business for sale in Wayne.

    View details
    Downtown Wayne Commercial Building
    Downtown Wayne Commercial Building

    35540 W Michigan Ave, Wayne, MI 48184

    $599,900
    10,000 sqft

    Two-story commercial building with frontage and parking in downtown Wayne.

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    Downtown Wayne Commercial/Office Opportunity
    Downtown Wayne Commercial/Office Opportunity

    3151 S Wayne Rd, Wayne, MI 48184

    $215,000
    2,000 sqft · 0.10 AC lot

    Commercial/office building in downtown Wayne with parking and great potential.

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    Retail Land in Qualified Opportunity
    Retail Land in Qualified Opportunity

    3150 Wayne Rd |, Wayne, MI 48184

    Contact for pricing
    0.29 AC lot

    0.29 acres of retail land in a prime location.

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    Downtown Wayne Commercial Building
    Downtown Wayne Commercial Building

    35540 Michigan Ave, Wayne, MI 48184

    $675,000
    10,688 sqft

    Prime commercial building with frontage and ample parking in Wayne.

    View details
    Commercial Land on Michigan Avenue
    Commercial Land on Michigan Avenue

    E Michigan Ave, Wayne, MI 48184

    $375,000

    Land with frontage on Michigan Avenue, suitable for retail.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Wayne, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Turnkey Truck Terminal and Repair
    Turnkey Truck Terminal and Repair

    1475 S Newburgh Road, Westland, MI 48186

    $8,200,000
    22,300 sqft · 3.66 AC lot

    Multi-income commercial trucking facility with warehouse and repair shop.

    View details
    Multi-Building Truck Terminal with Parking
    Multi-Building Truck Terminal with Parking

    1475 S Newburgh Road, Westland, MI 48186

    $6,000,000
    10,500 sqft

    Multi-building industrial truck terminal with warehouse space, a five-bay repair facility, and paved parking for fleets.

    View details
    Retail/Warehouse/Mixed-Use Opportunity
    Retail/Warehouse/Mixed-Use Opportunity

    29865 Michigan Avenue, Inkster, MI 48141

    $2,290,000

    Longstanding retail location suitable for warehousing or mixed-use development.

    View details
    New Building in Airport District
    New Building in Airport District

    29721 Michigan Ave, Inkster, MI 48141

    $550,000
    4,900 sqft

    Versatile 4,900 SF space suitable for various business uses.

    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.

    Wayne Mixed-Use Development Opportunity
    Wayne Mixed-Use Development Opportunity

    35000 E Michigan Ave |, Wayne, MI 48184

    $250,000
    0.94 AC lot

    0.94-acre mixed-use development site in downtown Wayne.

    View details
    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
    Wayne Commercial Property on Michigan Avenue
    Wayne Commercial Property on Michigan Avenue

    34233 MICHIGAN Avenue, Wayne, MI 48184

    $500,000
    4,128 sqft · 0.82 AC lot

    Prime commercial real estate in Wayne's DDA district for sale.

    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

    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
    31525 Michigan Ave
    AUTO REPAIR, GARAGE

    31525 Michigan Ave, Wayne, MI 48184-1414

    Value Estimation by Request
    900 sqft · 0.37 AC lot
    View details
    33200 Michigan Ave
    VEHICLE SALES, RENTALS

    33200 Michigan Ave, Wayne, MI 48184-1876

    $2,705,000
    Estimated value
    48,462 sqft · 3.39 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
    35400 Michigan Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    35400 Michigan Ave, Wayne, MI 48184-1699

    $2,700,000
    Estimated value
    42,805 sqft · 3.65 AC lot
    View details
    32995 Glenwood Rd
    AUTO REPAIR, GARAGE

    32995 Glenwood Rd, Wayne, MI 48184-1327

    Value Estimation by Request
    3,232 sqft · 0.69 AC lot
    View details
    4422 Wayne Rd
    CONVENIENCE STORE

    4422 Wayne Rd, Wayne, MI 48184-2115

    $740,000
    Estimated value
    5,292 sqft · 0.24 AC lot
    View details
    35059 Glenwood Rd
    RETAIL STORES (PERSONAL SERVICES)

    35059 Glenwood Rd, Wayne, MI 48184-1227

    Value Estimation by Request
    4,724 sqft · 0.11 AC lot
    View details
    31657 Michigan Ave
    AUTO REPAIR, GARAGE

    31657 Michigan Ave, Wayne, MI 48184-1415

    Value Estimation by Request
    10,248 sqft · 0.81 AC lot
    View details
    32975 Glenwood Rd
    RETAIL STORES (PERSONAL SERVICES)

    32975 Glenwood Rd, Wayne, MI 48184-1327

    Value Estimation by Request
    5,880 sqft · 0.84 AC lot
    View details
    5650 Merriman Rd
    GROCERY, SUPERMARKET

    5650 Merriman Rd, Wayne, MI 48184-2262

    $1,800,000
    Estimated value
    9,045 sqft · 0.53 AC lot
    View details
    5750 Merriman Rd
    SHOPPING CENTER, STRIP CENTER

    5750 Merriman Rd, Wayne, MI 48184-2288

    $1,800,000
    Estimated value
    5,522 sqft · 0.35 AC lot
    View details
    35812 Michigan Ave
    AUTO REPAIR, GARAGE

    35812 Michigan Ave, Wayne, MI 48184-1631

    Value Estimation by Request
    916 sqft · 0.05 AC lot
    View details

    Wayne, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Wayne, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 51,750 square feet of properties for sale, with an estimated market value of $6,024,800.

    Sale prices for stores in Wayne, MI start at $99,900, averaging $669,422, 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

    Automotive properties 9
    Auto shops 6
    Storefront properties 5
    Car washes 3
    Showrooms 3

    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 $640K

    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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