208 S Wayne Rd, Westland, MI 48186
This exceptional investment opportunity presents a former restaurant, known as Caesarland, located at 208 S. Wayne Road in Westland, Michigan. The property boasts a substantial 10,833 square feet of space, situated on a 0.69-acre lot, and is ideally suited for a variety of uses, including restaurant operations or other retail/office ventures. Built in 1966, the single-story building is zoned CB-3 and offers ample parking with 50 spaces available. The asking price is $675,000, translating to $62.31 per square foot. This owner/user opportunity presents a strong return on investment in a high-traffic area. The property's location on heavily traveled Wayne Road ensures excellent visibility and accessibility for potential businesses. The property features one building and is identified by APN 56-057-02-0180-003. The substantial square footage and ample parking make this a highly desirable location for a variety of commercial uses. This is a rare chance to acquire a well-positioned property in a thriving Michigan community. The property's history as a successful restaurant provides a solid foundation for future success. Serious inquiries are encouraged.
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Caesarlands Restaurant
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Shrimps R Us Shrimp hut Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.