Listing Agency: Friedman Real Estate Show Phone

Listed By: Ryan Stipp · License #Michigan 6506047728

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:25AM

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Investment Insights

Based on property information with market context.

This commercial kitchen property is offered for sale at 28000 Wick Rd in Romulus, Michigan. The property information identifies the asset as a commercial kitchen and notes redevelopment potential.

Key Highlights

• Commercial kitchen property
• 28000 Wick Rd, Romulus, MI 48174
• Redevelopment opportunity identified

Property Analytics

Property Profile

Current Use

Commercial kitchens

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Nail Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

200

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 67% Shops & Services 20% Home Improvements & Furnishings 13%

Krispy Krunchy Chicken Dining

5,215 visits/mo 0.3 miles

Mobil Shops & Services

1,567 visits/mo 0.4 miles

Johnstone Supply Home Improvements & Furnishings

1,057 visits/mo 0.5 miles

Demographics for 48174, MI

33,683

Population

13,124

Households

2.6

Avg Household Size

38

Median Age

17%

College-Educated

89%

High-School Grad

40.8 sq mi

ZIP Area

826

Density / Sq Mi

$65,675

Median Household Income

$41,186

Median Earnings

$1,053

Median Rent

$151,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial kitchen - Commercial kitchen asset available for sale in Romulus, Michigan.

Where is this commercial kitchen located?

The property is located at 28000 Wick Rd Romulus, MI.

What are key features of this property?

This property features: Commercial kitchen property; 28000 Wick Rd, Romulus, MI 48174; Redevelopment opportunity identified