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$ 2,700,000
Est. payment | /mo
9,588 SqFt
$ 2,700,000
Est. payment | /mo
9,588 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 9,588 sqft
Price per Sqft $281
Subdivision Mi
MLS Listing ID 60378346
Annual Tax Amount $34,767
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 131 x 164
Property Sub-Type Commercial/Industrial
Property Description
An excellent opportunity to own a newer, trendy, beautiful restaurant in the heart of Farmington downtown. Fantastic area with good foot traffic and limited competition. Located along the busy traffic of Grand River Ave., with great visibility. Completed renovation in 2020 and bought next lot to build an expansion 1,000 SF in 2022. A unique blend of 5,294 SF of exquisite first-floor dining, 4,294 SF of second-floor with 2 units of one bedroom/1.5 bath and 1 unit of 2 bedroom/2.1 bath apartments which brings $4,600/month additional cash flow. 2950 SF of fully utilized basement for catering and storage. It operates as a cajun seafood restaurant, and the new owner can easily convert it into another food service restaurant. Price includes real estate, all equipment, and business. Business only for $400,000. All information is deemed reliable but not guaranteed.
Location
State MI
County Oakland
Area Farmington (63263)
Zoning Commercial
Interior
Heating Forced Air, Zoned Heating
Exterior
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $2,485
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250016230
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Community Choice Realty Inc