244 Wayne Rd Westland, MI 48185-3626
- Retail space
- 1,716 SF
- 0.12 lot acres
Current Use by Public Records
- Regency Car Wash / Car Wash
- Safe Place for Children / Mental Health Service
- Hometown Car Wash Westland / Car Wash
- Dobozy's / Barber Shop
Property Details for 244 Wayne Rd
- Year built
- 1964
- Lot size
- 0.12 lot acres
- Property size
- 1,716 SF
- Property type
- Retail space
- APN
- 56 043 02 0254 002
- APU
- 56043020254002
Description
This exceptional car wash opportunity in Westland, Michigan, is priced at $2,200,000. The 4,025 square foot facility sits on a one-acre lot at 244 S Wayne Road, 48186, boasting excellent visibility to over 29,000 vehicles daily. The property includes four existing vacuums, presenting a significant value-add opportunity for expansion within the existing footprint. Its prime location within a densely populated area offers substantial growth potential. Within a five-mile radius, there are 230,000 residents with an average household income of $85,000 annually. The strategic location along Wayne Road benefits from the proximity to various national retailers such as Aldi, 7-Eleven, and CVS, further enhancing its appeal and accessibility. This turnkey operation is ready for a new owner to capitalize on its established success and high-traffic location. The property's strong financials and high visibility make it an attractive investment for experienced car wash operators or those seeking a profitable venture in a thriving market. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3882
- Latitude
- 42.3116
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA