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    844 Wayne Rd Westland, MI 48185

    Sponsored
    For Sale
    $425,000

    Prime Westland location, versatile industrial space.

    Property size:
    2,718 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,718 square foot industrial building, situated on a 0.26-acre lot at 844 N WAYNE in Westland, MI, presents a remarkable investment opportunity. Currently configured as a bakery, this property benefits from high visibility due to its main road exposure and prominent monument signage. The building features high ceilings throughout, providing ample space and a sense of openness. A fully equipped kitchen, complete with a hood system, is already in place, offering significant potential for food-related businesses or adaptable to other uses. The property also boasts a recently repaved parking lot, ensuring convenient access and ample parking for customers and employees. The location is ideal, nestled in a prime business area with a high concentration of residential properties, guaranteeing a strong customer base. This versatile space is perfect for a variety of businesses, from a bakery or restaurant to a retail store or other industrial uses. The sale of the property does not include the existing business. This is a rare chance to acquire a well-maintained, highly visible property in a thriving Westland neighborhood. The property's features and location combine to create an exceptional opportunity for a discerning buyer.

    Property Features for 844 Wayne Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    2,718 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Le Cakery Bake ... Wedding Bakery

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3885
    Latitude
    42.31519

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    FAQs

    What type of property is this?
    Industrial property - Prime Westland location, versatile industrial space.
    Where is this industrial property located?
    The property is located at 844 Wayne Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    (313) 561-0900
    Request Owner's contact information
    844 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
    844 Wayne Rd Westland, MI 48185
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