Turn-Key Pizza
For Sale
$199,000
100 Elizabeth Street, Parma, MI 49269
COMMERCIAL - Parma, MI
Property Size2,095 SF
Lot Size0.19 Acres
Price / SF$94.99
Days on Market47
Property Features for 100 Elizabeth Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-2 General Com
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Western
Middle school district
Western
High school district
Western
Directions
I-94 to Parma Exit, S. onto Parma Rd/Union St, W. on Michigan Ave.
Standard status
Active
APN
003-07-31-156-002-00
Size
2,095 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 2, Blk 1, Aldrich's Add. Village of Parma
Tax Annual Amount
2889
Legal Description
Lot 2, Blk 1, Aldrich's Add. Village of Parma
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1925
Floors in Building
1
Number of units
1
Building materials
Block, Metal Siding
Roof type
Rubber
Listing Agency:
ERA Reardon Realty, L.L.C.
(517) 782-2996
Listed By:
TIMOTHY J ATKINS · License #6506036004
(517) 937-2473
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 8 at 5:06PM
MLS# 26031336
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a turn-key pizza restaurant built for day-to-day operations, offered as ready-to-run for a hands-on owner-operator. Recent improvements include upgrades to the electrical service, fresh paint, new flooring, bathroom updates, and a newer furnace-A/C. The restaurant’s configuration supports a straightforward operating setup, with interior and mechanical refreshes intended to reduce near-term turnover and maintenance.
The restaurant is highly visible on a downtown corner at the intersection of Michigan Ave and Elizabeth St in Parma, Michigan. While the year built and lot size are estimated, the site is listed at approximately 0.19 acres and the building is identified at about 2,095 square feet, providing a compact footprint for a neighborhood restaurant concept.
For buyers looking for an established food-service operation, this offering pairs a known local presence with documented recent capital improvements to key components and finishes. Current readiness is emphasized, making it particularly relevant for operators who want to step into an operating restaurant and focus on day-to-day management rather than immediate replacement of basic systems and interior items.
The restaurant is highly visible on a downtown corner at the intersection of Michigan Ave and Elizabeth St in Parma, Michigan. While the year built and lot size are estimated, the site is listed at approximately 0.19 acres and the building is identified at about 2,095 square feet, providing a compact footprint for a neighborhood restaurant concept.
For buyers looking for an established food-service operation, this offering pairs a known local presence with documented recent capital improvements to key components and finishes. Current readiness is emphasized, making it particularly relevant for operators who want to step into an operating restaurant and focus on day-to-day management rather than immediate replacement of basic systems and interior items.
Key Highlights
- Well‑established pizza business in Parma, ready for an owner‑operator
- Highly visible corner location on Michigan Ave & Elizabeth St in downtown Parma
- Built in 1925; block and metal siding construction
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,701 visits/mo
0.5 miles
Sunoco
Shops & Services
4,977 visits/mo
0.2 miles
Progressive Casualty Insurance
Shops & Services
399 visits/mo
0.2 miles
Demographics for 49269, MI
5,874
Population
2,083
Households
2.8
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
55.8 sq mi
ZIP Area
105
Density / Sq Mi
$83,933
Median Household Income
$50,372
Median Earnings
$967
Median Rent
$200,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-known Parma pizza location with recent system and interior upgrades, ready for an owner-operator.
Where is this conventional restaurant located?
The property is located at 100 Elizabeth Street Parma, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Well‑established pizza business in Parma, ready for an owner‑operator; Highly visible corner location on Michigan Ave & Elizabeth St in downtown Parma; Built in 1925; block and metal siding construction
