Property profile

50755 Cherry Hill Rd Canton, MI 48188

OFF-MARKET
Mixed-use properties
1,540 SF
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Property summary

AI-generated overview

This exceptional Class A, 1,540 square foot Pilates studio in Canton, Michigan, presents a turnkey opportunity for business acquisition. Located at 50755 Cherry Hill Rd, 48188, this thriving business boasts a strong, loyal client base and consistent revenue stream. The asking price is $399,900, translating to $259.68 per square foot. The studio features high-quality Pilates equipment valued at $94,000, included in the sale. Its serene and well-maintained design creates an optimal client experience. A comprehensive client list, including long-term members and personal trainers, ensures a smooth transition. Existing staff are in place to facilitate a seamless handover. This presents a unique opportunity for both experienced Pilates instructors seeking expansion and business owners looking for a profitable venture with immediate cash flow. Detailed financial information is available upon request. This is a business-only sale. The studio is situated in a prime location within Wayne County, attracting a steady flow of new clients. The business is well-established and ready for immediate growth under new ownership.

Property profile

Verified
Property type Mixed-use properties
Total area 1,540 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Training Center Vocational School
  • Theater & Performing Art Venue
  • (Bike/Boat/Book/etc) Store Photography Service
  • (Bike/Boat/Book/etc) Store Photography Service

Location

50755 Cherry Hill Rd Canton, MI 48188
Canton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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