30600-30712 Michigan Ave - Schools FOR SALE


Westland, MI 48186
$6,500,000 USD
248-948-0101
30600-30712 Michigan Ave, Westland, MI for Sale
$6,500,000 USD
Schools - FOR SALE
1/7
null | Request Cap Rate

NEW


30600-30712 Michigan Ave
Westland, MI 48186


HIGHLIGHTS

  • Historic mixed-use campus with established regional recognition.
  • Direct frontage and visibility along Michigan Avenue.
  • Positioned near I-275, I-94, and major employment centers.
  • Includes multiple historic structures and extensive parking areas.
  • Existing seasonal entertainment operation provides current income.
  • Zoned OB (Office Business) with redevelopment flexibility.

OVERVIEW

The Eloise Complex presents a rare opportunity to acquire a landmark mixed-use property along Michigan Avenue in Westland, Michigan. Encompassing approximately 143,526 square feet across 16.47 acres, the property combines historic architecture, existing income generation, and long-term redevelopment potential. The site is home to the former Eloise Hospital campus and the well-known Eloise Haunted Tours attraction, creating a recognizable identity that attracts visitors from throughout Southeast Michigan. The property includes several historic structures, including the Kay Beard Building and a brick firehouse, along with extensive parking areas and surplus land that may support future redevelopment initiatives. Ownership has completed notable capital improvements, including a new roof, while maintaining an operating seasonal entertainment business that provides current revenue and ongoing public exposure. The combination of existing improvements and available land creates flexibility for a range of future investment strategies. Positioned with direct frontage on Michigan Avenue, the property benefits from visibility and accessibility within a major regional corridor. Its location near I-275 and I-94 provides connectivity throughout the Detroit metropolitan area, while proximity to major employers, including the Ford Wayne Assembly Plant, supports long-term demand drivers in the surrounding market. Zoned OB (Office Business), the site offers flexibility for residential, office, commercial, hospitality, and mixed-use redevelopment concepts, allowing investors to capitalize on the property's scale, history, and established presence within the community.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

50 AC

LAND SF

2,178,000 SF

ZONING

OB

APN/PARCEL ID

56-072-99-0003-707,56-072-99-0003-721

ASK ABOUT THIS PROPERTY

Steve GordonSignature AssociatesMore Info
248-948-0101

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Steve GordonSignature AssociatesMore Info
248-948-0101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.