118 Maple StWayland, MI 49348

Property Details for 118 Maple St

Year built

1950

Lot size

0.08 AC

Property size (Sq ft)

940 SF

Property type

Retail space

APN

56-400-021-50

APU

5640002150

Description

This exceptional 940-square-foot industrial property, located at 118 W Maple in Wayland, Michigan, presents a fantastic opportunity for a small business or office space. Priced at $155,000, this versatile building sits on a 0.08-acre lot and offers significant potential for a variety of uses. Previously occupied by a dog grooming business, the space is ready for immediate occupancy and customization to suit your specific needs. The property's convenient Wayland location provides easy access to local amenities and transportation routes, making it an ideal choice for entrepreneurs and businesses seeking a strategic location. The flexible land contract terms offer an attractive financing option, making this property accessible to a wider range of buyers. This is a rare chance to acquire a well-situated industrial space in a thriving community at an attractive price point. The building's existing infrastructure provides a solid foundation for immediate operation, minimizing upfront investment and allowing you to focus on your business growth. Don't miss this chance to secure this prime commercial real estate opportunity. Schedule a private showing today to explore the possibilities. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $86,443

  6.5%

  $79,793

  7%

  $74,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $308,536

  Geo Method

  $308,536

• Alternative Use

  Use

  Valuation

  Residential

  $67,309

  Hospitality

  $61,654

  Educational

  $51,296

  Medical

  $53,060

  Retail

  $79,793

Location Insight

City

Wayland

County

Allegan

State

Michigan

Latitude

42.6752

Longitude

-85.644

CBSA code

26090

CBSA name

HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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