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Restaurant with Banquet Space
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1600 Rochester Rd, Troy, MI 48083

An active restaurant includes a full kitchen, dining area, and dedicated event space.

Property Size4,590 SF
Price / SF$0.00
Days on Market5

Property Features for 1600 Rochester Rd

General Information

Standard status Active
Size 4,590 SF
Total Parking Spaces 23
Property subtype Retail
Zoning MR

Additional Details

Business Included Yes
Liquor License No

Building Details

Building Size 4,590 SF
Year Built 1977
Tenancy Single Tenant
Listing Agency: Signature Associates - Southfield
Listed By: Peter Vanderkaay · License #6501388318
Source: Cpix.resimplifi
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 4:52PM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This operating restaurant offers 4,590 square feet, with a full kitchen, dining area, and a separate space for private banquets. A high-ceiling basement adds 4,500 square feet and has two ingress and egress points. The building dates to 1977 and is zoned MR.

A liquor license may be acquired separately. An additional parking lot may also be made available.

Key Highlights

  • 4,590‑square‑foot operating restaurant
  • Full kitchen, dining area, and separate private banquet space
  • High‑ceiling basement adds 4,500 square feet and has 2 ingress/egress points

Property Analytics

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Current Use

Shell Recharge Charging ... Electric Vehicle Charging Station Electric Vehicle Charging ... Electric Vehicle Charging Station EV Connect Charging ... Electric Vehicle Charging Station Lebanese Grill Troy Restaurant

Suggested Use

Top Pick Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

1,023
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Groceries 34%
Speedway Shops & Services
13,925 visits/mo 0.1 miles
Restaurant Depot Groceries
11,354 visits/mo 0.3 miles
Shell Shops & Services
4,763 visits/mo 0.5 miles
Sunoco Shops & Services
2,141 visits/mo 0.5 miles
Public Storage Shops & Services
834 visits/mo 0.5 miles

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - An active restaurant includes a full kitchen, dining area, and dedicated event space.
Where is this conventional restaurant located?
The property is located at 1600 Rochester Rd Troy, MI.
What are key features of this property?
This property features: 4,590‑square‑foot operating restaurant; Full kitchen, dining area, and separate private banquet space; High‑ceiling basement adds 4,500 square feet and has 2 ingress/egress points
More about this property
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