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    Turn-Key Restaurant Building For Sale Title is generated by Realmo AI

    4018 CORUNNA Rd, Flint, MI 48532

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    For Sale
    $499,000

    Remodeled restaurant building with high traffic location and ample parking.

    Type:Commercial
    Property size:
    3,500 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $142/SF
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 5:46 am

    Property Features for 4018 CORUNNA Rd

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Lot size
    0.67 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1983

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    Bahia M Jarrah

    Listing office Keller Williams First

    Listing date Mar 12, 2026

    Source Elliman

    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 Keller Williams First

    HighLights

    • Turnkey restaurant building with established reputation and consistent clientele
    • High‑traffic location with 124 ft frontage and easy access to I‑75, I‑69 & US‑23
    • Recently remodeled in 2020 with 2 dining areas, banquet room, and granite bar
    • Spacious 3,500 SQFT building on over 0.68 acres
    • Seating for over 100 and 40+ parking spaces
    • Family‑owned business for over 40 years with a large take‑out business

    Overview

    This attractive stone and brick building, constructed in 1983 and completely remodeled in 2020, offers 3,500 square feet of space on a 0.68-acre lot. Previously operated as a family-owned restaurant for over 40 years, it features two dining areas, a banquet room, a granite bar, and seating for over 100 patrons. The property benefits from a location on a high-traffic road with 124 feet of frontage and convenient access to I-75, I-69, and US-23. Asphalt parking provides ample space for at least 40 vehicles. The restaurant has a long-standing reputation and a consistent clientele, with a large take-out business.

    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 $50.4k $14.40
    − Vacancy −$9.0k −$2.58
    EGI $41.4k $11.82
    − OpEx −$10.3k −$2.96
    NOI $31.0k $8.87
    3,500 SF · lease $14.40/SF/yr · vacancy 17.90% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $443.3K
    $387.9K – $517.2K (±1% cap)
    NOI $31,034 @ 7.0% cap · market cap 6.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $736.5K
    $644.4K – $859.2K (±1% cap)
    NOI $51,554 @ 7.0% cap · market cap 10.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Badawest Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Hair Salon Daycare Center Building Supply Spa & Massage Center HVAC Service Kitchen & Bath Showroom Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7404
    Latitude
    43.0027

    FAQs

    What type of property is this?
    Conventional restaurant - Remodeled restaurant building with high traffic location and ample parking.
    Where is this conventional restaurant located?
    The property is located at 4018 CORUNNA Rd Flint, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Turnkey restaurant building with established reputation and consistent clientele; High‑traffic location with 124 ft frontage and easy access to I‑75, I‑69 & US‑23; Recently remodeled in 2020 with 2 dining areas, banquet room, and granite bar
    More about this property
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