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    3123 S Wayne Rd Wayne, MI 48184

    For Sale
    $99,900

    Business Opportunity - Wayne, MI

    Property size:
    2,100 SF
    Lot size:
    0.05 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 9 at 11:06 am

    Property Features for 3123 S Wayne Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    55003070006000
    Size
    2,100 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1945
    Floors in Building
    1
    Architectural style
    Other

    Keller Williams Professionals (734) 459-4700

    Listing agent Mohamed Kassem (734) 459-4700

    Listing date May 16, 2025

    MLS# 20240037461 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Repair Shop Business Opportunity

    A business opportunity is available in Wayne, Michigan. This is a chance to own a well-established business of 40 years, as the current owner is retiring. The business is a small engine repair shop and retail store that sells scooters, mopeds, dirt bikes, motorcycles, four wheelers, lawnmowers, parts, and more. The possibilities for this business are endless. The property is centrally located. The current owner is willing to train the new owner during the transition for up to six months if needed. There is a large city public parking lot behind the building. According to the current owner, there is more work available than can be handled due to being short-handed and understaffed, presenting an opportunity to expand the business. The monthly rent is $1,500, and there is room for expansion for another complimentary business. The property is zoned commercial and the lot size is 0.05 acres. The property size is 2,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kacey's Towing INC, Touchdown Towing, U Broke IT auto, AK AUTO PARTS LLC, F & R Automotive Car Care

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.383534
    Latitude
    42.286163

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    FAQs

    What type of property is this?
    Auto shop - Established repair shop and retail business for sale in Wayne.
    Where is this auto shop located?
    The property is located at 3123 S Wayne Rd Wayne, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Established Business: Benefit from a 40-year history and strong reputation in Wayne.; - Owner Transition: Current owner will train for up to six months.; - High Demand: Untapped growth potential due to current owner turning down work.
    (734) 459-4700
    Request Owner's contact information
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    Wayne, MI 48184
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3123 S Wayne Rd Wayne, MI 48184
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