Turnkey Restaurant and Banquet
3854 E 13 Mile Road Warren, MI 48092
3854 E 13 Mile Road, Warren, MI, 48092
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For Sale
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Fully equipped former Vietnamese restaurant with banquet hall and karaoke entertainment setup, ready to operate.
Property Size2,000 SF
Price / SF$149.89
Days on Market228
Property Features for 3854 E 13 Mile Road
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1980
Listing agency
Discover Real Estate
Listed by
Dino Serraiocco · License #6502384824
Source
Crexi
Added: Dec 5, 2025 Updated: Jul 21 at 5:00AM Checked: Jul 21 at 5:00AM
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 Discover Real Estate
Investment Insights
Based on property information with market context.
This turnkey property is a fully equipped former Vietnamese restaurant with banquet hall capabilities and a karaoke entertainment center. The sale includes the complete restaurant operation with cooking equipment, commercial-grade refrigeration and coolers, tables, chairs, dining room furniture, and multiple televisions with a complete audio system.
The multi-use layout supports traditional dining, event hosting, and entertainment services in a single facility. It is located in a high-traffic area within an attractive commercial complex in Warren, Michigan, with established infrastructure supporting restaurant operations.
For buyers looking to minimize startup work, the included equipment package is designed to support immediate food service operations following purchase.
The multi-use layout supports traditional dining, event hosting, and entertainment services in a single facility. It is located in a high-traffic area within an attractive commercial complex in Warren, Michigan, with established infrastructure supporting restaurant operations.
For buyers looking to minimize startup work, the included equipment package is designed to support immediate food service operations following purchase.
Key Highlights
- Fully equipped former Vietnamese restaurant operation with all cooking equipment included
- Banquet hall setup for events and private parties, plus tables, chairs, and dining room furniture
- Karaoke entertainment center with sound system and complete audio setup
Local Financial Insights For Industrial
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 | $15.4k | $7.68 |
| − Vacancy | −$682 | −$0.34 |
| EGI | $14.7k | $7.34 |
| − OpEx | −$4.4k | −$2.20 |
| NOI | $10.3k | $5.14 |
2,000 SF · lease $7.68/SF/yr · vacancy 4.44% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$415.3K
$363.4K – $484.5K
NOI $29,070 @ 7.0% cap · market cap 9.70%
Second Best
Industrial
$146.8K
$128.4K – $171.3K
NOI $10,275 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$441.2K
$386.1K – $514.8K
NOI $30,885 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fully equipped former Vietnamese restaurant with banquet hall and karaoke entertainment setup, ready to operate.
Where is this conventional restaurant located?
The property is located at 3854 E 13 Mile Road Warren, MI.
What is the asking price?
The asking price for this property is $299,777.
What are key features of this property?
This property features: Fully equipped former Vietnamese restaurant operation with all cooking equipment included; Banquet hall setup for events and private parties, plus tables, chairs, and dining room furniture; Karaoke entertainment center with sound system and complete audio setup
