Zorba's Family Diner

Retail-Commercial for Sale
Catylist Listing ID: 30655171
Property Subtypes: Restaurant
Building Size (RSF): 4,450 SF
Gross Building Area: 4,480 SF
Sale Price: $799,000
Unit Price: $179.55 PSF
Property Use Type: Business
Usable Size (USF): 4,450 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/7/2020

Overview / Comments

Price Recently Reduced!!! Five Stars on Trip Advisor. Four Stars on Yelp. Five Stars on Menuism. A great place to eat. Customers say on FourSquare: “Love this place! Great family run diner. I love the Chicken Supreme Sub…definitely not on the weight watchers menu though. Eggs Benedict & Omelets are awesome.” Great opportunity to acquire a long established restaurant concept. This is in institution in the community. Just try to get in on Sunday for Breakfast…. Buy the Business for $300,000.00 with rent of $5,000.00 per month NNN or the real estate and
business assets for $799,000.00! GREAT TURN KEY OPERATION. Currently a family restaurant operation with great numbers. Keep it as a family diner or bring your concept for a great new location.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 11-22-352-027
Retail Clientele: Family, Business
Property Located Between: Metro Parkway and Seventeen Mile Road
Property Visibility: Excellent
Largest Nearby Street: Metro Parkway

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,963 127,235 304,493
Median Age: 41.61 41.23 41.46
Households: 7,195 54,641 128,410

Contact

Photograph of Listing Agent

Michael E. Scheid

Thomas Hospitality Group
CPIX Member
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