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    FOR SALE
    Retail space

    844 N Wayne Rd, Westland, MI 48185

    2,718 SF 0.26 ac lot Built 1991
    Individually Owned Free & Clear
    Property ID
    US43-1219756
    Property summary
    AI-generated overview

    This exceptional 2,718 square foot industrial building, situated on a 0.26-acre lot at 844 N WAYNE in Westland, MI, presents a remarkable investment opportunity. Currently configured as a bakery, this property benefits from high visibility due to its main road exposure and prominent monument signage. The building features high ceilings throughout, providing ample space and a sense of openness. A fully equipped kitchen, complete with a hood system, is already in place, offering significant potential for food-related businesses or adaptable to other uses. The property also boasts a recently repaved parking lot, ensuring convenient access and ample parking for customers and employees. The location is ideal, nestled in a prime business area with a high concentration of residential properties, guaranteeing a strong customer base. This versatile space is perfect for a variety of businesses, from a bakery or restaurant to a retail store or other industrial uses. The sale of the property does not include the existing business. This is a rare chance to acquire a well-maintained, highly visible property in a thriving Westland neighborhood. The property's features and location combine to create an exceptional opportunity for a discerning buyer.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1991
    Total area 2,718 SF
    Lot 0.26 ac (11,326 SF)
    APN 56 043 01 0182 000
    UPID US43-1219756
    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
    Current use
    Occupant on record · Public records
    • Le Cakery Bake Shop Wedding Service Bakery
    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
    by Request
    Owner & transaction history
    DONCE DIMOVSKI
    DONCE DIMOVSKI
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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