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    35501 W Michigan Ave Wayne, MI 48184

    For Sale
    $49,900

    Established tanning salon in downtown Wayne, a turn-key business opportunity.

    Lot size:
    0.11 Acres

    Property Features for 35501 W Michigan Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1956

    Source: RE/MAX Team 2000 Agent Sada A Hojaij

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Tanning Salon Opportunity

    This is a turn-key business opportunity to own a European Tanning Salon in downtown Wayne. The business, which has been operating for over 23 years, is located on a busy corner and has a great clientele base. The newly renovated tanning salon includes 12 rooms: 4 regular lay down tanning beds, 3 super high pressure lay down tanning beds, 2 regular stand up tanning booths, and 2 super high pressure stand up tanning booths. One room is designated for wax and micro needling services and could be converted into a nail center. Included in the sale are all furniture, showcase shelves, a register, safe, hampers, camera systems, stereo system, all-in-one printer, 3 sofas, microwave, fridge, water dispenser, mirrors, spot lights, washer, and dryer. There is ample parking in the rear plaza parking lot and off-street parking.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3889483
    Latitude
    42.2827512

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    FAQs

    What type of property is this?
    Retail space - Established tanning salon in downtown Wayne, a turn-key business opportunity.
    Where is this retail space located?
    The property is located at 35501 W Michigan Ave Wayne, MI.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Turn-key, income-generating tanning salon business opportunity.; - Prime downtown Wayne location on a busy corner.; - Established business with a 23+ year operating history and existing clientele.
    (313) 675-8888
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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
    35501 W Michigan Ave Wayne, MI 48184
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