Turnkey Restaurant with Pole
For Sale
$375,000
14693 E 8 Mile Road, Warren, MI 48089
COMMERCIAL - Warren, MI
Property Size800 SF
Lot Size0.09 Acres
Price / SF$468.75
Days on Market685
Property Features for 14693 E 8 Mile Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Investment Park
Lot features
Main Street
Standard status
Active
APN
12-13-36-453-066
Size
800 SF
Lot size
0.09 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1948
Listing Agency:
Pilot Property Group - Residential LLC
(586) 254-0900
Listed By:
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Sep 16, 2024
Changed: Jun 3
Last Checked: Aug 1 at 10:06AM
MLS# 50155421
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey restaurant offering is being sold with furniture, fixtures, and equipment included, allowing an operator to take over with minimal upfront setup. The property is an end-of-line style restaurant space with a reported size of about 800 square feet, and it features pole signage.
The restaurant is located at 14693 E 8 Mile Road in Warren, Michigan, on a road described as always busy with approximately 40,000 vehicles per day. The site is supported by visible pole signage for inbound customer awareness.
For buyers seeking a ready-to-operate dining concept, the included FFE package reduces the need to source and install equipment before opening. The seller indicates that land contract terms are available, which may expand financing flexibility for qualified buyers and operators looking to acquire an operating restaurant rather than build-out from scratch.
The restaurant is located at 14693 E 8 Mile Road in Warren, Michigan, on a road described as always busy with approximately 40,000 vehicles per day. The site is supported by visible pole signage for inbound customer awareness.
For buyers seeking a ready-to-operate dining concept, the included FFE package reduces the need to source and install equipment before opening. The seller indicates that land contract terms are available, which may expand financing flexibility for qualified buyers and operators looking to acquire an operating restaurant rather than build-out from scratch.
Key Highlights
- Well‑established restaurant for sale with all furniture, fixtures, and equipment included
- Located on 8 Mile Rd with approximately 40,000 VPD
- Pole signage on‑site
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.3k | $20.40 |
| − Vacancy | −$816 | −$1.02 |
| EGI | $15.5k | $19.38 |
| − OpEx | −$3.9k | −$4.85 |
| NOI | $11.6k | $14.54 |
800 SF · lease $20.40/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$166.1K
$145.4K – $193.8K
NOI $11,628 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$176.5K
$154.4K – $205.9K
NOI $12,354 @ 7.0% cap · market cap 3.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Wendy's
Dining
9,950 visits/mo
0.5 miles
Demographics for 48089, MI
32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant sale includes furniture, fixtures, and equipment, positioned on a heavily traveled 8 Mile corridor.
Where is this conventional restaurant located?
The property is located at 14693 E 8 Mile Road Warren, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Well‑established restaurant for sale with all furniture, fixtures, and equipment included; Located on 8 Mile Rd with approximately 40,000 VPD; Pole signage on‑site
