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100-Seat Breakfast Diner

35254 23 Mile Road, New Baltimore, MI 48047

For Sale
New
$295,000

Commercial zoning and a dining room configured for seated service are part of the restaurant offering.

Property Size87,747 SF
Price / SF$3.36
Days on Market5

Property Features for 35254 23 Mile Road

General Information

Standard status Active
Size 87,747 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes
Seating Capacity 100
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $103,208

Building Details

Building Size 87,747 SF
Year Built 1990
Listing Agency: Joseph A Nahra
Listed By: Joseph A Nahra
Source: Case-realty
Added: Nov 3 Changed: Nov 7 Last Checked: Nov 7 at 12:41PM

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 Joseph A Nahra

Rey
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Investment Insights

Based on property information with market context.

Alexander’s Deli and Diner is a restaurant property with a 100-seat dining room. The menu spans breakfast served throughout the day, deli sandwiches, soups, and other lunch and dinner dishes. The building was constructed in 1990 and is zoned Commercial.

Located at 35254 23 Mile Road in New Baltimore, the property offers an existing dining setup for restaurant use.

Key Highlights

  • Dining room with seating for 100
  • Breakfast service is available throughout the day
  • Menu includes deli sandwiches and soups

Property Analytics

Current Use

Alexanders Deli Diner Restaurant

Suggested Use

Top Pick Law Firm Gym & Fitness Center Big Box & Wholesale Store Garden Center Accounting Firm Computer & Electronic Repair

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

484
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Groceries 33% Dining 26% Electronics 6%
Kroger Groceries
46,691 visits/mo 0.4 miles
Dollar Tree Shops & Services
17,079 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
13,327 visits/mo 0.3 miles
Taco Bell Dining
11,457 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
7,568 visits/mo 0.4 miles

Demographics for 48047, MI

39,775
Population
16,765
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,210
Density / Sq Mi
$95,381
Median Household Income
$50,151
Median Earnings
$1,109
Median Rent
$297,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Anchor Bay Pit Stop Diner — 35470 23 Mile Rd, New Baltimore, MI 48047

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Commercial zoning and a dining room configured for seated service are part of the restaurant offering.
Where is this breakfast & diner located?
The property is located at 35254 23 Mile Road New Baltimore, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Dining room with seating for 100; Breakfast service is available throughout the day; Menu includes deli sandwiches and soups
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