Listing Agency: Real Estate One Inc-Shelby t**@tomzibkowski.com Show Phone

Listed By: Thomas Zibkowski · License #6501186298 Show Phone

Source: Exprealty

Added: Jul 20 Changed: Jul 30 Last Checked: Aug 9 at 10:10AM

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Investment Insights

Based on property information with market context.

The Old Stone Restaurant and property offer a conventional restaurant operation with indoor seating for 99 and outdoor seating for 20. Liquor License includes outside service along with outside entertainment. The building improvements include New AC, Boiler, and Roof completed in 2019.

The property is a 3.25-acre site with 350' of Van Dyke frontage at 60730 Van Dyke Rd in Washington Township, MI. City sewer is available on the property, and it currently has well water with city water coming. A new buyer may continue the restaurant operations or purchase the property for permitted uses under the General Industrial Zoning for Washington Township.

Key Highlights

• 3.25‑acre property with 350' of Van Dyke frontage
• Indoor seating for 99 plus outdoor seating for 20
• Liquor License includes outside service and outside entertainment

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48094, MI

20,340

Population

8,295

Households

2.5

Avg Household Size

45

Median Age

36%

College-Educated

93%

High-School Grad

17.5 sq mi

ZIP Area

1,162

Density / Sq Mi

$96,781

Median Household Income

$48,860

Median Earnings

$1,339

Median Rent

$399,100

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant operations with indoor seating for 99 and outdoor seating for 20 under General Industrial zoning.

Where is this conventional restaurant located?

The property is located at 60730 Van Dyke Rd Washington Township, MI.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 3.25‑acre property with 350' of Van Dyke frontage; Indoor seating for 99 plus outdoor seating for 20; Liquor License includes outside service and outside entertainment