Turn-Key BBQ Restaurant
For Sale
$1,200,000
2760 W Jefferson, Trenton, MI 48183
Turn-key Roundhouse BBQ restaurant with included liquor license and furniture, fixtures, and equipment.
Property Size3,289 SF
Lot Size1.50 Acres
Days on Market153
Property Features for 2760 W Jefferson
General Information
Standard status
Active
Size
3,289 SF
Total Parking Spaces
52
Lot size
1.50 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Building Size
3,289 SF
Year Built
1999
Listing Agency:
Friedman Integrated Real Estate
Listed By:
Greg Hornby · License #6501313839
(313) 300-0900
Source:
Friedmanrealestate
Added: May 7
Changed: Sep 10
Last Checked: Oct 5 at 5:00PM
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 Friedman Integrated Real Estate
Investment Insights
Based on property information with market context.
Confidential listing: Turn-key Roundhouse BBQ restaurant on a downtown corner assembled from five lots spanning from Jefferson to 3rd street, totaling approximately 1.5 acres. The sale includes the liquor license as well as the restaurant’s furniture, fixtures, and equipment.
The downtown Trenton area is described as walkable with retail, bars, restaurants, riverfront access, and summer festivals, with Elizabeth Park minutes away.
All communications must be directed to the broker.
The downtown Trenton area is described as walkable with retail, bars, restaurants, riverfront access, and summer festivals, with Elizabeth Park minutes away.
All communications must be directed to the broker.
Key Highlights
- Established Roundhouse BBQ restaurant operation with liquor license included
- Furniture, fixtures, and equipment included for a turn‑key operation
- Premier downtown corner consisting of 5 lots from Jefferson to 3rd street totaling 1.5 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,625
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$852,500
$852.5K
Cap Rate 7%
$608,929
$608.9K
Cap Rate 9%
$473,611
$473.6K
Market Conditions
NOI Build-Up for 3,289 SF
Gross rent
$59.2K $18.00/SF
− Vacancy
−$2.4K −$0.72/SF
EGI
$56.8K $17.28/SF
− OpEx
−$14.2K −$4.32/SF
NOI
$42.6K $12.96/SF
Area
Wayne County, MI
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$852,500
Cap Rate 7%
$608,929
Cap Rate 9%
$473,611
Alternative Uses
Best Use
Specialty Retail
$608.9K
$532.8K – $710.4K
NOI $42,625 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
238k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Apparel 25%
Shops & Services 13%
Home Improvements & Furnishings 13%
Target
Superstores
96,475 visits/mo
0.5 miles
Marshalls
Apparel
34,179 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
31,775 visits/mo
0.5 miles
maurices
Apparel
10,038 visits/mo
0.4 miles
Bath & Body Works
Beauty & Spa
9,036 visits/mo
0.4 miles
Demographics for 48183, MI
42,447
Population
18,095
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,358
Density / Sq Mi
$82,020
Median Household Income
$51,534
Median Earnings
$1,009
Median Rent
$214,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key Roundhouse BBQ restaurant with included liquor license and furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 2760 W Jefferson Trenton, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established Roundhouse BBQ restaurant operation with liquor license included; Furniture, fixtures, and equipment included for a turn‑key operation; Premier downtown corner consisting of 5 lots from Jefferson to 3rd street totaling 1.5 acres
