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    FOR SALE
    Retail space

    3123 S Wayne Rd, Wayne, MI 48184

    2,100 SF 0.05 ac lot Built 1945
    Individually Owned 29-yr Hold Free & Clear
    Property ID
    US43-1344827
    Property summary
    AI-generated overview

    This exceptional opportunity presents a well-established small engine repair shop and retail store in Wayne, MI. Boasting 2,100 square feet on a 0.05-acre lot at 3123 S WAYNE, this turnkey business has thrived for 40 years, offering a diverse range of products and services. The inventory includes scooters, mopeds, dirt bikes, motorcycles, four-wheelers, lawnmowers, and an extensive selection of parts. The business enjoys a prime, centrally located position with the added benefit of a large public parking lot directly behind the building. Current operations are limited by staffing, presenting a significant opportunity for expansion and increased profitability. The current owner is offering up to six months of training to ensure a smooth transition. The monthly rent is a manageable $1,500, and the property offers potential for adding a complementary business to further enhance revenue streams. This is a rare chance to acquire a long-standing, successful business with significant growth potential. The business is being sold as a whole

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1945
    Total area 2,100 SF
    Lot 0.05 ac (2,178 SF)
    APN 55 003 07 0006 000
    UPID US43-1344827
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    WILLIAM COPLAND
    WILLIAM COPLAND
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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