20804 Plymouth Rd, Detroit, MI 48228
Successful restaurant with drive-thru, equipment included, ready for new owners.
- Added:
- Sep 18, 2025
- Days on Market:
- 269
- Last Refresh:
- Apr 3 at 6:02 am
Property Features for 20804 Plymouth Rd
General Information
- Standard status
- Active
- Size
- 2,308 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing agent Joseph Van Esley License #6501185636 (313) 418-3188
Listing office Van Esley Real Estate (313) 418-3188
Listing date Sep 18, 2025
Source Cpix.resimplifi
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HighLights
- Turn‑key restaurant ready for new owners (Mary's Grill).
- Includes all equipment: grill, fryers, stove top, oven, walk‑in cooler and refrigerator.
- Convenient drive‑thru.
- Dining room seats 68.
- Equipped with 11' of hoods in front and 5' in the back kitchen.
- Land Contract terms available with large down payment.
Overview
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 | $44.3k | $19.20 |
| − Vacancy | −$2.2k | −$0.96 |
| EGI | $42.1k | $18.24 |
| − OpEx | −$10.5k | −$4.56 |
| NOI | $31.6k | $13.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2451604
- Latitude
- 42.3721299