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    OFF-MARKET
    Grocery and convenience stores

    37415 Cherry Hl Rd, Westland, MI 48186-3255

    2,562 SF 0.58 ac lot Built 1974
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1130051
    Property summary
    AI-generated overview

    This exceptional 2,562 square foot commercial building sits on a 0.58-acre lot in the desirable Westland, MI area. Its prime location offers unparalleled accessibility and visibility for a wide range of businesses. Previously utilized as a multi-purpose space, including a grocery store, retail shop, and venue for children's parties and fitness classes, this property demonstrates remarkable adaptability. The building's flexible layout and ample square footage provide significant opportunities for customization to suit diverse operational needs. The commercial-light industrial zoning allows for a variety of uses, including but not limited to office space, retail establishments, and light industrial operations. This presents a unique chance to acquire a well-situated property with a proven track record of successful commercial ventures. The building's history showcases its versatility and resilience, making it an attractive investment for entrepreneurs and established businesses alike. Its strategic location within Westland ensures high foot traffic and easy access to major transportation routes, maximizing exposure and convenience. The 0.58-acre lot offers ample parking and potential for future expansion or outdoor amenities. This is a rare opportunity to secure a versatile and well-positioned commercial property in a thriving Westland community. The asking price of $398,900 reflects the property's significant potential and prime location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1974
    Total area 2,562 SF
    Lot 0.58 ac (25,265 SF)
    APN 56 053 99 0020 001
    UPID US43-1130051
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ahlam Investment LLC
    Ahlam Investment LLC
    since 2025
    Last sale
    $225,000
    4 recorded transactions
    2025
    2024
    2011
    2011
    $225,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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