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Property profile & analytics
OFF-MARKET
Retail space

3123 Wayne Rd Wayne, MI 48184-1220

2,100 SF 0.05 ac lot Built 1945
Individually Owned 29-yr Hold Free & Clear
Property ID
US43-1344827
Property summary
AI-generated overview

This exceptional opportunity presents a well-established small engine repair shop and retail store in Wayne, MI. Boasting 2,100 square feet on a 0.05-acre lot at 3123 S WAYNE, this turnkey business has thrived for 40 years, offering a diverse range of products and services. The inventory includes scooters, mopeds, dirt bikes, motorcycles, four-wheelers, lawnmowers, and an extensive selection of parts. The business enjoys a prime, centrally located position with the added benefit of a large public parking lot directly behind the building. Current operations are limited by staffing, presenting a significant opportunity for expansion and increased profitability. The current owner is offering up to six months of training to ensure a smooth transition. The monthly rent is a manageable $1,500, and the property offers potential for adding a complementary business to further enhance revenue streams. This is a rare chance to acquire a long-standing, successful business with significant growth potential. The business is being sold as a whole

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 2,100 SF
Lot 0.05 ac (2,178 SF)
APN 55 003 07 0006 000
UPID US43-1344827
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
WILLIAM COPLAND
WILLIAM COPLAND
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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