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Property profile & analytics
OFF-MARKET
Bars & Pubs

6492 Wayne Rd Romulus, MI 48174-1784

4,800 SF 0.44 ac lot Built 1952
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US43-4502366
Property summary
AI-generated overview

This exceptional 4,800 square foot industrial property, located at 6492 WAYNE in Romulus, MI, presents a unique investment opportunity. The two-story building boasts approximately 2,400 square feet per floor. The ground floor is fully equipped and move-in ready, featuring a complete bar and kitchen, ample seating, a stage for live music, a private office, a high-quality sound system, televisions, and a security system. The upper floor is currently unfinished, offering significant potential for expansion or customization. Situated on a 0.44-acre lot, this property enjoys a prime location near the airport and surrounding businesses, ensuring high visibility and accessibility. The asking price is $400,000. A liquor license is available for an additional cost. The sale is "as is," with the seller making no repairs. The buyer is responsible for any necessary city inspections. All measurements are approximate. Land contracts and leases are not accepted. Proof of funds or pre-approval is required for showings.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1952
Total area 4,800 SF
Lot 0.44 ac (19,166 SF)
Zoning code C1-LOCL
APN 80 020 02 0009 303
UPID US43-4502366
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
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Owner & transaction history
Red-wine Holdings LLC · 8 yrs held
Red-wine Holdings LLC
since 2017
7 recorded transactions
2026
Price N/A
2025
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2010
Price N/A
2010
$37,000
Zoning & alternative use
C1-LOCL · Romulus, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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