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    8331 Wayne Rd Westland, MI 48185

    Sponsored
    For Sale
    $60,000

    Profitable Dry Cleaners in High-Traffic Plaza

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turn-key dry cleaning business presents a lucrative investment opportunity in the bustling Woodcrest Plaza shopping center of Westland, Michigan. Located near Westland Mall, this well-established enterprise enjoys high visibility and convenient access to a diverse range of amenities, including ample shopping, dining, and entertainment options, ensuring a steady stream of potential customers. The 2,000 square foot facility is fully equipped with state-of-the-art machinery, including four industrial pressers (one a brand new 2023 model valued at $13,000), one steamer, two washers, two dryers, a six-month-old compressor, a recently updated boiler, and three vacuums. In addition to its comprehensive dry cleaning services, the business also offers alterations, further enhancing its revenue streams. The business boasts a stellar reputation within the community, built on years of providing high-quality service and customer satisfaction. The property benefits from excellent parking, a significant advantage in a high-traffic location. This established business is offered at $60,000 and presents unlimited potential for growth and profitability. All interested parties should be prepared to verify all information independently. Please refrain from contacting the staff directly.

    Property Features for 8331 Wayne Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    2,000 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Nikkis cleaners Dry Cleaner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.38577
    Latitude
    42.34874

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    FAQs

    What type of property is this?
    Industrial property - Profitable Dry Cleaners in High-Traffic Plaza
    Where is this industrial property located?
    The property is located at 8331 Wayne Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $60,000.
    (248) 851-4100
    Request Owner's contact information
    8331 Wayne Rd Westland, MI 48185
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    Westland, MI 48185
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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
    8331 Wayne Rd Westland, MI 48185
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