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Leo’s Coney Island Restaurant
For Sale
$699,900

15198 E 13 Mile Rd, Warren, MI 48088

Business-only sale of an operating restaurant on East 13 Mile Road near Hayes.

Property Size4,609 SF
Price / SF$151.86
Days on Market12

Property Features for 15198 E 13 Mile Rd

General Information

Standard status Active
Size 4,609 SF
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Year Built 1978
Listing Agency: RE/MAX Innovation
Listed By: Farhan Pervez · License #6501459836
Source: Vmrealestatemichigan
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 28 at 8:55AM

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 RE/MAX Innovation

Rey
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Investment Insights

Based on property information with market context.

The offering is a business-only sale of the Leo’s Coney Island restaurant at 15198 E 13 Mile Road. The restaurant occupies a 4,609-square-foot building constructed in 1978; the business includes an established American and Greek menu concept.

The site is on East 13 Mile Road near Hayes in Warren, with access to I-696. The sale concerns the restaurant business rather than the real estate.

Key Highlights

  • Business‑only sale of the Leo’s Coney Island restaurant
  • 4,609‑square‑foot restaurant building, built in 1978
  • Located on East 13 Mile Road near Hayes in Warren

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
21,501 visits/mo 0.5 miles
Bank of America Shops & Services
7,503 visits/mo 0.5 miles
Huntington Bank Shops & Services
6,200 visits/mo 0.3 miles
Dollar General Shops & Services
3,455 visits/mo 0.4 miles

Demographics for 48088, MI

23,142
Population
9,633
Households
2.4
Avg Household Size
44
Median Age
23%
College-Educated
91%
High-School Grad
4.4 sq mi
ZIP Area
5,260
Density / Sq Mi
$79,137
Median Household Income
$48,452
Median Earnings
$1,144
Median Rent
$205,400
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Business-only sale of an operating restaurant on East 13 Mile Road near Hayes.
Where is this conventional restaurant located?
The property is located at 15198 E 13 Mile Rd Warren, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Business‑only sale of the Leo’s Coney Island restaurant; 4,609‑square‑foot restaurant building, built in 1978; Located on East 13 Mile Road near Hayes in Warren
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