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    509 S Morenci Ave Mio, MI 48647

    For Sale
    $150,000

    Restaurant/Food Service - Mio, MI

    Property size:
    320 SF
    Lot size:
    0.26 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 509 S Morenci Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Parking
    8
    Basement Y/N
    1
    Size
    320 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    2024
    Roof type
    Membrane
    Architectural style
    Other

    Benjamin Realty (989) 685-2414 [email protected]

    Listing agent MARK BENJAMIN (989) 685-2414

    Listing date Sep 30, 2025

    MLS# 1936206 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mio Commercial Restaurant Opportunity

    This commercial property in Mio, Michigan, presents a versatile opportunity. Originally built as a Blenderz Franchise, the property includes business furniture, fixtures, and equipment. The building has 320 square feet of space and sits on a 0.26-acre lot. A vacant area on the north side of the building allows for expansion or additional utilization. The property benefits from high traffic volume, city sidewalks, and lighting. The commercial zoning allows for various business uses. The property is suitable for a franchise, BBQ restaurant, shakes and ice cream shop, or other food service concepts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mio
    County
    Oscoda
    State
    Michigan
    Longitude
    -84.129513
    Latitude
    44.646779

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    FAQs

    What type of property is this?
    Restaurant - Commercial restaurant property in Mio, Michigan with expansion potential.
    Where is this restaurant located?
    The property is located at 509 S Morenci Ave Mio, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - High traffic location with city sidewalks and lighting.; - Includes all business furniture, fixtures, and equipment.; - Virtually new construction (built in 2024).
    (989) 685-2414
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 S Morenci Ave Mio, MI 48647
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