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    6360 Wayne Rd Westland, MI 48185

    Sponsored
    For Sale
    $995,000

    Fully equipped, high-visibility restaurant building.

    Property size:
    7,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 7,250 square foot freestanding restaurant building is available for purchase at $995,000. Located in Westland, Michigan, at the hard corner of North Wayne Road and Hunter Avenue, this property benefits from a highly visible signalized intersection. The 0.76-acre lot provides ample parking for patrons. The building features multiple points of ingress and egress for convenient access. A prominent pylon sign ensures high visibility from the road. The interior is fully equipped for restaurant operations, making this a turnkey opportunity for a new owner. The property is zoned CB-3, allowing for continued restaurant use. This prime location and existing infrastructure offer a significant advantage for a restaurateur seeking a well-established and visible location in a thriving area. The substantial square footage and ample parking make this an attractive investment for those seeking a successful restaurant venture. The property's strategic placement at a signalized intersection ensures high traffic volume and excellent exposure to potential customers. This is a rare opportunity to acquire a fully operational restaurant building in a desirable location.

    Property Features for 6360 Wayne Rd

    General Information

    Property type
    Restaurants
    Square Feet
    7,250 SF
    Lot Size
    33,106 SF

    HighLights

    • Freestanding restaurant building with all necessary equipment.
    • Ample parking.
    • Prominent pylon signage.
    • Multiple access points.
    • High‑visibility corner location at a signalized intersection of N Wayne Rd and Hunter Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3860826
    Latitude
    42.3314087

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, high-visibility restaurant building.
    Where is this restaurant located?
    The property is located at 6360 Wayne Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Freestanding restaurant building with all necessary equipment.; Ample parking.; Prominent pylon signage.
    Request Owner's contact information
    6360 Wayne Rd Westland, MI 48185
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    Westland, MI 48185
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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
    6360 Wayne Rd Westland, MI 48185
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