Turn-Key Restaurant with Outdoor
For Sale
$600,000
1140 S Monroe Street, Monroe, MI 48161
Completely renovated restaurant with new kitchen and bar, plus an outdoor dining patio and on-site liquor licensing included.
Property Size6,543 SF
Lot Size2.31 Acres
Days on Market41
Property Features for 1140 S Monroe Street
General Information
Standard status
Active
Size
6,543 SF
Lot size
2.31 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$18,431
Building Details
Building Size
6,543 SF
Year Built
1998
Year Renovated
2025
Listing Agency:
Van Esley Real Estate Inc
(734) 459-7570
Listed By:
David D Misko · License #6501351778
Source:
Eliterealtymi
Added: Jul 15
Changed: Aug 24
Last Checked: Aug 21 at 9:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Van Esley Real Estate Inc
Investment Insights
Based on property information with market context.
A turn-key restaurant offering a completely renovated interior and bar program, with work completed in 2025. Updates include a new kitchen, new bar, new furniture and booths, new flooring, and new electrical. The dining room includes an outdoor patio for guests, and the restaurant seats 310.
The property is located at 1140 South Monroe Street in Monroe, Michigan, and sits on 2.31 acres with a huge parking lot. The business opened on 12/17/2025 and is being offered for sale due to medical reasons.
The sale includes Class C and an SDM Liquor License. All information is estimated and should be verified; please do not disturb customers or employees.
The property is located at 1140 South Monroe Street in Monroe, Michigan, and sits on 2.31 acres with a huge parking lot. The business opened on 12/17/2025 and is being offered for sale due to medical reasons.
The sale includes Class C and an SDM Liquor License. All information is estimated and should be verified; please do not disturb customers or employees.
Key Highlights
- Restaurant business sale: Casa De Margarita
- Completely renovated in 2025 with new kitchen, new bar, new furniture and booths, new flooring, and new electrical
- Seats 310 and includes an outdoor dining patio
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48161, MI
26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Completely renovated restaurant with new kitchen and bar, plus an outdoor dining patio and on-site liquor licensing included.
Where is this conventional restaurant located?
The property is located at 1140 S Monroe Street Monroe, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Restaurant business sale: Casa De Margarita; Completely renovated in 2025 with new kitchen, new bar, new furniture and booths, new flooring, and new electrical; Seats 310 and includes an outdoor dining patio
