Turnkey Restaurant with Pole
14693 E 8 Mile Road Warren, MI 48089
14693 E 8 Mile Road, Warren, MI, 48089
$375,000
For Sale
$375,000
COMMERCIAL - Warren, MI
Property Size800 SF
Lot Size0.09 Acres
Price / SF$468.75
Days on Market674
Property Features for 14693 E 8 Mile Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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 Updated: Jun 3 at 5:40PM Checked: Jul 21 at 7:06PM
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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
