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    23594 Hoover Rd Warren, MI 48089

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    For Sale
    $450,000

    Operating restaurant with remodeled interior/exterior and separate out-building.

    Property size:
    1,433 SF
    Lot size:
    0.51 Acres

    Property Features for 23594 Hoover Rd

    General Information

    Size
    1,433 SF
    Lot size
    0.51 Acres

    Source: Signature Associates Agent Christopher J. Monsour

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Restaurant with Extra Building

    This is a fully operational restaurant with remodeled interior and exterior. The property includes a separate 864-square-foot out-building and an extra parking lot. It is zoned M2. The property size is 1433 square feet. The owner is retiring, presenting a potential opportunity for new ownership.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cozy Grill Cafe Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Similar Places Nearby

    Mercurio Food Specialties

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.005242
    Latitude
    42.468696

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    FAQs

    What type of property is this?
    Restaurant - Operating restaurant with remodeled interior/exterior and separate out-building.
    Where is this restaurant located?
    The property is located at 23594 Hoover Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Fully operational and running restaurant; - Zoned M2 (allowing for a wide range of commercial uses); - Remodeled interior and exterior
    (313) 363-1010
    Request Owner's contact information
    23594 Hoover Rd Warren, MI 48089
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    Warren, MI 48089
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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
    23594 Hoover Rd Warren, MI 48089
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