Restaurant for Sale / Lease

Retail-Commercial for Sale
Catylist Listing ID: 30810126
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $345,000
Unit Price: $132.69 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2022

Overview / Comments

business for sale, not real estate. Full service or casual restaurant opportunity with the perfect space for breakfast, lunch and dinner, located on busy Dixie Highway. Great manageable layout. END UNIT OF SHOPPING CENTER. Landlord approved outdoor space build YOUR DREAM OUTDOOR PATIO. Because this is an end unit landlord also would allow a DRIVE THROUGH / PICKUP WINDOW (However that must be applied and approved by City too). Imagine your own restaurant with outdoor dining and/or a drive through. Location worth it for that alone! Considering the Clarkston rental market, landlord is VERY FAIR with rent. sale price for business only $345,000. Class C Liquor License with Carry Out available for additional $95,000

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 0829151002
Retail Clientele: Business
Property Located Between: DIXIE BETWEEN I-75 AND WALTON
Property Visibility: Good
Largest Nearby Street: DIXIE
Feet of Frontage: 40
Site Description: END CAP IN GREAT CENTER
Area Description: MIXED - SOME INDUSTRIAL-RESIDENTIAL- OFFICE
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,600 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: brick, window, (space to build an outdoor patio or drive though).
Total Parking Spaces: 1,000
Parking Type: Surface
Parking Description: large lot
Sprinklers: Other
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: current use casual restaurant. turn key or remodel to your liking.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,663 35,940 91,480
Median Age: 40.94 41 40.94
Households: 2,334 13,892 34,972

Contact

Photograph of Listing Agent

Joseph Bologna

Keller Williams Premier
CPIX Member
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