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    22720 Allen Rd Woodhaven, MI 48183

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    For Sale
    $1,150,000

    Well-maintained 5,800 SF retail building in a thriving business district.

    Lot size:
    0.65 Acres

    Property Features for 22720 Allen Rd

    General Information

    Lot size
    0.65 Acres

    Building Details

    Year built
    1977

    Source: Keller Williams Advantage Agent Sandy Farley

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

    Overview

    Prime Retail Building For Sale

    This meticulously maintained, one-owner building offers an opportunity to own real estate in a thriving business district. Currently operating as a high-end bicycle shop, the seller may consider selling the business as well. The 5,800 square foot building features frontage on the main road, providing high visibility. The layout includes a wide-open floor plan, two bathrooms, a kitchenette, a workshop area, and custom retail space. A generous amount of parking spaces are available. The building can be converted for other business uses.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodhaven
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2178
    Latitude
    42.1337

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    FAQs

    What type of property is this?
    Retail space - Well-maintained 5,800 SF retail building in a thriving business district.
    Where is this retail space located?
    The property is located at 22720 Allen Rd Woodhaven, MI.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime real estate location in a thriving business district.; - High visibility with frontage on the main road.; - Large 5800 square foot self-standing building with a wide-open floor plan.
    (248) 380-8800
    Request Owner's contact information
    22720 Allen Rd Woodhaven, MI 48183
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    Woodhaven, MI 48183
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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
    22720 Allen Rd Woodhaven, MI 48183
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