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    31499 John R Rd Madison Heights, MI 48071

    For Sale
    $54,900

    Well-established furniture store business for sale in Madison Heights.

    Building Details

    Year built
    1990

    Source: Top Agent Realty Agent Laith Yousif

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

    Overview

    Established Furniture Store Business Opportunity

    A well-established furniture store in Madison Heights presents a business opportunity. The store is currently thriving under employee management. The seller is offering the business for sale due to time constraints. The asking price pertains to the business itself; inventory is separate and sold independently. This is a turnkey operation.
    Location Intelligence

    Current Use by Public Records

    4C's Child Care ... Day Care Center

    Suggested Use

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

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

    Similar Places Nearby

    Heaven's Maid, Detroit Flower Delivery By DBG Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1073051
    Latitude
    42.5246492

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    FAQs

    What type of property is this?
    Storefront property - Well-established furniture store business for sale in Madison Heights.
    Where is this storefront property located?
    The property is located at 31499 John R Rd Madison Heights, MI.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Well-established furniture store with a proven track record.; - Thriving business currently under successful employee management.; - Turnkey operation ready for a new owner.
    (586) 747-3930
    Request Owner's contact information
    31499 John R Rd Madison Heights, MI 48071
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    Madison Heights, MI 48071
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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
    31499 John R Rd Madison Heights, MI 48071
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