Maria Reyes
Epique Realty
(248) 965-1631
107 Total Sales
2 in Wayne
$188,000 Price Range
5006 S Wayne Rd Wayne, MI 48184
Wayne AreaEstimated Value: $279,300
Studio
--
Bath
2,500
Sq Ft
$112/Sq Ft
Est. Value
About This Home
As of May 2026Exceptional 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.
Last Agent to Sell the Property
Keller Williams Legacy License #6501403947 Listed on: 03/03/2026
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Property Details
Property Type
- Other
Est. Annual Taxes
Year Built
- Built in 1957
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 122x100
- Zoning described as Commercial
Home Design
- 2,500 Sq Ft Home
- Brick Exterior Construction
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Supervisors Nankin #1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 55016020012301
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jan 29, 2016
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 2015
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 19, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 9, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 19, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
18%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wayne, MI
-
Maria Reyes
-
Glenn Silvenis
Glenn Silvenis
RE/MAX Crossroads III
(734) 415-9659
210 Total Sales
2 in Wayne
$80K - $205K Price Range
-
Nancy Cuddihy
Nancy Cuddihy
Premiere Realty Group LLC
(734) 292-8043
66 Total Sales
1 in Wayne
$107,000 Price
-
James Wolfe
James Wolfe
Century 21 Curran & Oberski
(947) 886-8334
249 Total Sales
1 in Wayne
$410,000 Price
-
Clayton Neal
Clayton Neal
Keller Williams Metro
(313) 362-8621
44 Total Sales
1 in Wayne
$260,000 Price
-
Matt Verbaan
Matt Verbaan
Brookstone, Realtors LLC
(947) 900-8144
93 Total Sales
2 in Wayne
$147K - $151K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $138,000 | V1 Title Agency | ||
| $65,000 | Etitle Agency Inc | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $150,000 | Community Title Services Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $235,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | Sold | $285,000 | 0.0% | $114 / Sq Ft |
| 04/30/2026 04/30/26 | Off Market | $285,000 | -- | -- |
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 04/19/2026 04/19/26 | Price Changed | $285,000 | +3.6% | $114 / 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
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Agents Affiliated with this Home
-
Nick Jaafar
Seller's Agent in 2026
Nick Jaafar
Keller Williams Legacy
(313) 706-7011
439 Total Sales
-
Zack Daher
Seller Co-Listing Agent in 2026
Zack Daher
Keller Williams Legacy
(313) 231-5374
40 Total Sales
Map
Source: Realcomp
MLS Number: 20261013496
APN: 55-016-02-0012-301
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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