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Property profile & analytics
FOR SALE
Retail space

844 N Wayne Rd Westland, MI 48185

2,718 SF 0.26 ac lot Built 1991
Individually Owned Free & Clear
Property ID
US43-1219756
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Total area 2,718 SF
Lot 0.26 ac (11,326 SF)
APN 56 043 01 0182 000
UPID US43-1219756
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
Current use
Occupant on record · Public records
  • Le Cakery Bake Shop Wedding Service Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DONCE DIMOVSKI
DONCE DIMOVSKI
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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