3123 S Wayne Rd Wayne, MI 48184
- Retail space
- 2,100 SF
- 0.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 3123 S Wayne Rd
- Year built
- 1945
- Lot size
- 0.05 lot acres
- Property size
- 2,100 SF
- Property type
- Retail space
- APN
- 55 003 07 0006 000
- APU
- 55003070006000
Description
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
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
- Wayne
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3835
- Latitude
- 42.2862
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
