For Sale
$3,200,000

34250 Ford Rd Westland, MI 48185

Prime Westland retail, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a 44,644 square foot shopping center situated on a 3.36-acre lot in Westland, Michigan. The property boasts 270 feet of frontage on highly trafficked Ford Road, offering unparalleled visibility and accessibility. Currently featuring a mix of retail tenants, including a well-established health club with a newly executed 5-year lease, this property presents a compelling opportunity for both income generation and future development. The building, constructed in 1982, is a two-story Class C structure with 20,000 square feet of net rentable space and 183 parking spaces. The property is zoned CB-2 - Shopping Center Commercial Business District, allowing for a variety of uses. The existing health club tenant enjoys a long-standing presence (19+ years) and pays $7,500 per month plus NNN, with zero landlord responsibilities. Tenant incentives are available for qualified tenants in vacant spaces. This property offers an excellent opportunity for adaptive reuse or redevelopment, capitalizing on its prime location and substantial size. The asking price is $3,200,000, translating to $71.68 per square foot. The property's APN is 56-036-99-0003-001; 56-036-99-0002-000. This is a rare chance to acquire a large, well-located property with significant potential.

Highlights

  • $3,200,000 asking price for this 44,644 SF retail shopping center.
  • 20,000 square feet of net rentable space, priced at $71.68 per square foot.
  • Located on 3.36 acres in Westland, MI, at 34250 Ford Road, with 270 feet of frontage.
  • Class C, two-story building constructed in 1982, featuring 183 parking spaces.
  • CB-2 zoning (Shopping Center Commercial Business District); APN: 56-036-99-0003-001; 56-036-99-0002-000.

Property Details for 34250 Ford Rd

Property type
Lifestyle centers, Power centers
Square Feet
44,644 SF
Class
C
Year Built
1982
Stories
2
Lot Size (sq. ft)
146,362 SF

Location Insight

City
Westland
County
Wayne
State
Michigan
Latitude
42.3253339
Longitude
-83.378511
34250 Ford Rd, Westland, Michigan

FAQs

What type of property is this?
Lifestyle center - Prime Westland retail, high visibility.
Where is the lifestyle center located?
The property is located at 34250 Ford Rd Westland, MI.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: $3,200,000 asking price for this 44,644 SF retail shopping center.; 20,000 square feet of net rentable space, priced at $71.68 per square foot.; Located on 3.36 acres in Westland, MI, at 34250 Ford Road, with 270 feet of frontage.
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34250 Ford Rd
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