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    29702 Southfield Rd Southfield, MI 48076

    Sponsored
    For Sale
    $269,900

    Established Restaurant, High Traffic Area, Great Potential

    Property size:
    19,730 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This turnkey restaurant opportunity in Southfield, Michigan presents a unique chance to acquire an established business with significant growth potential. Located at 29702 Southfield Road, this 19,730 square foot restaurant sits on a 0.8-acre lot in a high-traffic business district. The property, currently operating as JJ Fish and Chicken, has been successfully running since 2017, demonstrating a proven track record. The sale includes all state-of-the-art equipment, allowing for immediate operation with minimal setup required. The business is ready for a new owner to step in and continue its success. This is an exceptional opportunity for an experienced restaurateur looking to acquire an established business with existing infrastructure and clientele. The prime location on Southfield Road ensures high visibility and accessibility, attracting a large customer base. The substantial square footage provides ample space for operations, seating, and potential expansion. This is a truly turnkey operation, minimizing the time and resources needed to launch or relaunch the business. The asking price for this exceptional opportunity is $269,900. Serious inquiries only.

    Property Features for 29702 Southfield Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    19,730 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Lavash Grill Mediterranean Restaurant Dr. Jana Tumpkin ... Orthodontist Bangkok Express Cafe Thai Restaurant J J Fish ... Seafood Restaurant Spoiled Forever Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.22102
    Latitude
    42.50772

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    FAQs

    What type of property is this?
    Industrial property - Established Restaurant, High Traffic Area, Great Potential
    Where is this industrial property located?
    The property is located at 29702 Southfield Rd Southfield, MI.
    What is the asking price?
    The asking price for this property is $269,900.
    (248) 468-1444
    Request Owner's contact information
    29702 Southfield Rd Southfield, MI 48076
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    Southfield, MI 48076
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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
    29702 Southfield Rd Southfield, MI 48076
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