Standalone Takeout
For Sale
$259,900
3964 W Jefferson Avenue, Ecorse, MI 48229
The compact food-service layout includes commercial cooking and refrigeration equipment for carryout operations.
Property Size1,100 SF
Price / SF$236.27
Days on Market173
Property Features for 3964 W Jefferson Avenue
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$4,311
Building Details
Building Size
1,100 SF
Buildings
1
Listing Agency:
Real Estate One/Max Broock Realtors
Listed By:
Desert & Douglas
(734) 678-9769
Source:
Desertdouglas
Added: May 12
Changed: Oct 27
Last Checked: Oct 27 at 4:10AM
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/Max Broock Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone restaurant building contains approximately 1,100 square feet and is configured for takeout, without a dine-in area. Its kitchen equipment includes fryers, coolers, preparation areas, a commercial hood system, a stove, and a pizza oven. The property is currently operating as a fish and chicken restaurant.
Recent improvements have been made to the building, and the existing equipment provides a range of food-preparation capabilities within the current restaurant space.
Recent improvements have been made to the building, and the existing equipment provides a range of food-preparation capabilities within the current restaurant space.
Key Highlights
- Standalone restaurant building with approximately 1,100 square feet
- Takeout layout with no dine‑in area
- Kitchen includes fryers, coolers, prep areas, a commercial hood system, stove, and pizza oven
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,256
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,120
$285.1K
Cap Rate 7%
$203,657
$203.7K
Cap Rate 9%
$158,400
$158.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$19.8K $18.00/SF
− Vacancy
−$792 −$0.72/SF
EGI
$19.0K $17.28/SF
− OpEx
−$4.8K −$4.32/SF
NOI
$14.3K $12.96/SF
Area
Wayne County, MI
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,120
Cap Rate 7%
$203,657
Cap Rate 9%
$158,400
Alternative Uses
Best Use
Specialty Retail
$203.7K
$178.2K – $237.6K
NOI $14,256 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Electronics 5%
Marathon Petroleum
Shops & Services
5,176 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,008 visits/mo
0.3 miles
Sunoco
Shops & Services
3,545 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
695 visits/mo
0.3 miles
Demographics for 48229, MI
9,258
Population
4,156
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
2.8 sq mi
ZIP Area
3,306
Density / Sq Mi
$45,148
Median Household Income
$33,815
Median Earnings
$879
Median Rent
$59,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The compact food-service layout includes commercial cooking and refrigeration equipment for carryout operations.
Where is this conventional restaurant located?
The property is located at 3964 W Jefferson Avenue Ecorse, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Standalone restaurant building with approximately 1,100 square feet; Takeout layout with no dine‑in area; Kitchen includes fryers, coolers, prep areas, a commercial hood system, stove, and pizza oven
