Japanese-Korean
New
For Sale
$470,000
30650 Beck Rd, Novi, MI 48377
The established restaurant offers dine-in and carryout service, with a Class C liquor license available for purchase subject to transfer approvals.
Property Size2,450 SF
Price / SF$191.84
Days on Market3
Property Features for 30650 Beck Rd
General Information
Standard status
Active
Size
2,450 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1990
Listing Agency:
Real Estate One-Commerce
Listed By:
Esther Lee Son
(248) 924-5868
Source:
Vmrealestatemichigan
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 12:30PM
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 Real Estate One-Commerce
Investment Insights
Based on property information with market context.
Yori Sushi is a Japanese and Korean restaurant offering both dine-in and carryout service. The property information lists a size of 2,450 and a 1990 construction year. An existing Class C liquor license may be purchased, subject to required transfer approvals.
The restaurant is on Beck Road near W. Pontiac Trail, with access to I-96. Financial information is available to qualified buyers who sign an NDA.
The restaurant is on Beck Road near W. Pontiac Trail, with access to I-96. Financial information is available to qualified buyers who sign an NDA.
Key Highlights
- Japanese and Korean restaurant with dine‑in and carryout service
- Property size listed as 2,450; year built: 1990
- On Beck Road near W. Pontiac Trail, with access to I‑96
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,991
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,820
$739.8K
Cap Rate 7%
$528,443
$528.4K
Cap Rate 9%
$411,011
$411.0K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$52.9K $21.60/SF
− Vacancy
−$3.6K −$1.47/SF
EGI
$49.3K $20.13/SF
− OpEx
−$12.3K −$5.03/SF
NOI
$37.0K $15.10/SF
Area
Oakland County, MI
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,820
Cap Rate 7%
$528,443
Cap Rate 9%
$411,011
Alternative Uses
Best Use
Specialty Retail
$528.4K
$462.4K – $616.5K
NOI $36,991 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Groceries 38%
Dining 17%
Beauty & Spa 4%
Kroger
Groceries
45,884 visits/mo
0.5 miles
Speedway
Shops & Services
18,692 visits/mo
0.3 miles
McDonald's
Dining
16,942 visits/mo
0.5 miles
Kroger Fuel Center
Shops & Services
10,044 visits/mo
0.4 miles
BP
Shops & Services
6,583 visits/mo
0.4 miles
Demographics for 48377, MI
19,691
Population
9,961
Households
2
Avg Household Size
39
Median Age
52%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
2,051
Density / Sq Mi
$83,368
Median Household Income
$54,373
Median Earnings
$1,439
Median Rent
$332,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The established restaurant offers dine-in and carryout service, with a Class C liquor license available for purchase subject to transfer approvals.
Where is this conventional restaurant located?
The property is located at 30650 Beck Rd Novi, MI.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Japanese and Korean restaurant with dine‑in and carryout service; Property size listed as 2,450; year built: 1990; On Beck Road near W. Pontiac Trail, with access to I‑96
