$275,000
$10K PRICE DROP

5006 S Wayne Rd Wayne, MI 48184

Estimated payment $1,864/month

-- Bed
-- Bath
2,500 Sq Ft
$110 Price per Sq Ft

About This Home

Exceptional opportunity to own a free-standing commercial building located on highly traveled Wayne Road with excellent visibility and strong daily traffic counts. The property is currently operating as a restaurant and is being sold fully equipped, including hood system and essential restaurant equipment. This turnkey setup offers immediate operational potential for restaurateurs or entrepreneurs looking to establish their presence in a high-exposure location. The building features prominent frontage, ample on-site visibility, and flexibility for continued restaurant use or conversion to other commercial concepts (subject to municipal approval). Real estate included in sale. A rare chance to secure a prime commercial location with equipment in place and unlimited potential.

Listing Agent

Nick Jaafar

Keller Williams Legacy License #6501403947 Listed on: 03/03/2026

Keller Williams Legacy

Co-Listing Agent

Zack Daher

Keller Williams Legacy License #6501435036

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 122x100

Home Design

  • Brick Exterior Construction

Community Details

  • Supervisors Nankin #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55016020012301

Property Details

Property Type

Other

Est. Annual Taxes

$4,747

Year Built

Built in 1957

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1957
  • Current Use: Other, Restaurant, Service
  • State Equalized Value: 73700.00
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Lot Info

  • Lot Dimensions: 122x100
  • Parcel Number: 55016020012301

Tax Info

  • Tax Amount Summer: 4143.00
  • Tax Amount Winter: 604.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,143 $73,700 $0 $0
2024 $4,126 $67,900 $0 $0
2023 $3,817 $63,400 $0 $0
2022 $4,416 $57,700 $0 $0
2021 $4,315 $55,000 $0 $0
2020 $5,104 $56,100 $0 $0
2019 $3,553 $56,600 $0 $0
2018 $3,383 $54,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 Price Changed $275,000 -3.5% $110 / Sq Ft
03/03/2026 03/03/26 For Sale $285,000 -- $114 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $138,000 V1 Title Agency
Interfamily Deed Transfer $65,000 Etitle Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Land Contract -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed $150,000 Community Title Services Inc
Source: Public Records

Source: Realcomp

MLS Number: 20261013496

Realcomp

APN: 55-016-02-0012-301

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