Westland Office Building on
1214 S WAYNE RD, Westland, MI 48185
New
Well-maintained office building suitable for various professional uses.
Type:Retail, Office
Property size:
1,470 SFPrice / SF:
$170/SF- Added:
- May 22, 2026
- Days on Market:
- 7
- Last Refresh:
- May 27 at 8:19 am
Property Features for 1214 S WAYNE RD
General Information
- Standard status
- Active
- Size
- 1,470 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1959
Listing agent Shane Parker License #MI 397534
Listing office S&P Realty
Listing date May 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of S&P Realty
HighLights
- High‑visibility location on busy Wayne Road with 91 feet of frontage and excellent signage opportunities.
- Newer roof and HVAC system reducing immediate capital expenditure needs.
- Versatile layout suitable for a wide range of professional, medical, wellness, and service‑based uses.
- Established brick office building with a history of successful operation.
- Functional layout includes 4 patient/treatment rooms, 2 private offices, x‑ray room, and spacious waiting area.
- Suitable for both owner‑users and investors.
Overview
This established brick office property on Wayne Road in Westland offers flexibility for professional, medical, wellness, and service-based uses. The property is currently configured with 4 patient/treatment rooms, 2 private office spaces, an x-ray room, a massage/treatment room, a kitchen/break area, a large reception desk, and a spacious waiting area with seating for 13+ clients or patients. The functional layout allows for an easy transition for medical or professional users while also offering flexibility for alternative office configurations. Potential uses include chiropractic, medical, dental, physical therapy, wellness, counseling, insurance, accounting, legal, real estate, shared office/co-working space, salon/suite concepts, and many other professional operations. Recent capital improvements include a newer rubber roof (approximately 2 years old), a newer HVAC system (approximately 3 years old), and a newer tankless hot water heater. Positioned on a large parcel with approximately 91 feet of frontage on highly traveled Wayne Road, the property benefits from excellent visibility, signage exposure, and strong traffic counts in a well-established commercial corridor surrounded by residential density and supporting retail businesses. The property size is 1470 square feet.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$172.0K
NOI $15,480 @ 9.00% cap · cautious / downside scenario
Moderate
$221.1K
NOI $15,480 @ 7.00% cap · market / base-case scenario
Aggressive
$309.6K
NOI $15,480 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.5k | $20.04 |
| − Vacancy | −$3.7k | −$2.49 |
| EGI | $25.8k | $17.55 |
| − OpEx | −$10.3k | −$7.02 |
| NOI | $15.5k | $10.53 |
1,470 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$221.1K
$193.5K – $258.0K
NOI $15,480 @ 7.0% cap · market cap 6.19%
Second Best
Office B
$72.3K
$63.3K – $84.3K
NOI $5,060 @ 7.0% cap · market cap 2.02%
Theoretical Best
Specialty Retail
$272.2K
$238.1K – $317.5K
NOI $19,051 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
O'Dell Chiropractic
Alternative Medicine Practice
JAMES W O'DELL ...
Alternative Medicine Practice
James W. Odell, ...
Physician
Similar Places Nearby
- Wayne Mercy Animal Hospital — 35345 Cherry Hill Rd, Westland, MI 48186
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.388001
- Latitude
- 42.318748
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Well-maintained office building suitable for various professional uses.
Where is this medical office space located?
The property is located at 1214 S WAYNE RD Westland, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High‑visibility location on busy Wayne Road with 91 feet of frontage and excellent signage opportunities.; Newer roof and HVAC system reducing immediate capital expenditure needs.; Versatile layout suitable for a wide range of professional, medical, wellness, and service‑based uses.
