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    221 N Bailey St Romeo, MI 48065

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    For Lease
    $1,500 /Mo

    Commercial space featuring a working kitchen, freezer, and take-out counter.

    Lot size:
    0.16 Acres

    Property Features for 221 N Bailey St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1840

    Source: EXP Realty Romeo Agent David L Thomas

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

    Overview

    Commercial Space with Working Kitchen

    This commercial lease opportunity features a working kitchen, walk-in freezer, half bathroom, and take-out counter. The space is suitable for food service, catering, or takeout concepts. The landlord is willing to give a buildout allowance to a qualified tenant with review of any proposals. Located in a high-traffic location, this space offers visibility and functionality.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Romeo
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0122024
    Latitude
    42.8032729

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    FAQs

    What type of property is this?
    Commercial kitchen - Commercial space featuring a working kitchen, freezer, and take-out counter.
    Where is this commercial kitchen located?
    The property is located at 221 N Bailey St Romeo, MI.
    What are key features of this property?
    This property features: - High-traffic location offers **excellent visibility**.; - **Equipped with a working kitchen, walk-in freezer, and take-out counter.**; - Suitable for food service, catering, or takeout businesses.
    (586) 945-4422
    Request Owner's contact information
    221 N Bailey St Romeo, MI 48065
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    Romeo, MI 48065
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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
    221 N Bailey St Romeo, MI 48065
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