Established Specialty
For Sale
$630,000
19294 Kelly Road, Harper Woods, MI 48225
Operating payday loan business with inventory included and paid transition training for the incoming operator.
Property Size2,444 SF
Days on Market27
Property Features for 19294 Kelly Road
General Information
Standard status
Active
Size
2,444 SF
Property subtype
Commercial
Zoning
3+ Multi, Mixed Use, Profes
Building Details
Building Size
2,444 SF
Year Built
1943
Listing Agency:
Next Level Realty LLC
(586) 864-4087
Listed By:
Eric Broesamle · License #6202412719
Source:
Erareardonrealty
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 25 at 9:15AM
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 Next Level Realty LLC
Investment Insights
Based on property information with market context.
Established payday loan business operating for 20 years with recurring customers and inventory included in the sale. The operation is structured for a lean staffing model, with one person covering Monday through Thursday and two people scheduled on Fridays, Saturdays, the first, and the third of each month.
The owner will provide 60 days of paid training to support the transition. The business also includes an option to purchase the building after two years; the building contains 3 units and is associated with mixed-use, professional, and multi-unit zoning designations.
The owner will provide 60 days of paid training to support the transition. The business also includes an option to purchase the building after two years; the building contains 3 units and is associated with mixed-use, professional, and multi-unit zoning designations.
Key Highlights
- Payday loan business operating for 20 years
- Recurring customer base
- Inventory included in the sale
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 48225, MI
15,862
Population
6,271
Households
2.5
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
5,875
Density / Sq Mi
$59,248
Median Household Income
$40,558
Median Earnings
$1,304
Median Rent
$140,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Operating payday loan business with inventory included and paid transition training for the incoming operator.
Where is this specialty property located?
The property is located at 19294 Kelly Road Harper Woods, MI.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Payday loan business operating for 20 years; Recurring customer base; Inventory included in the sale
