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    OFF-MARKET
    Industrial properties

    8331 Wayne Rd, Westland, MI 48185

    2,000 SF Built 1919
    Property ID
    Property summary
    AI-generated overview

    This exceptional turn-key dry cleaning business presents a lucrative investment opportunity in the bustling Woodcrest Plaza shopping center of Westland, Michigan. Located near Westland Mall, this well-established enterprise enjoys high visibility and convenient access to a diverse range of amenities, including ample shopping, dining, and entertainment options, ensuring a steady stream of potential customers. The 2,000 square foot facility is fully equipped with state-of-the-art machinery, including four industrial pressers (one a brand new 2023 model valued at $13,000), one steamer, two washers, two dryers, a six-month-old compressor, a recently updated boiler, and three vacuums. In addition to its comprehensive dry cleaning services, the business also offers alterations, further enhancing its revenue streams. The business boasts a stellar reputation within the community, built on years of providing high-quality service and customer satisfaction. The property benefits from excellent parking, a significant advantage in a high-traffic location. This established business is offered at $60,000 and presents unlimited potential for growth and profitability. All interested parties should be prepared to verify all information independently. Please refrain from contacting the staff directly.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1919
    Total area 2,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Nikkis cleaners (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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