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    19230 Fort St Riverview, MI 48193

    Sponsored
    For Sale
    $850,000

    Fully equipped, high-traffic restaurant. Great investment opportunity.

    Property size:
    5,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional freestanding restaurant building at 19230 Fort St, Riverview, MI 48193, is now available for purchase at $850,000. Boasting 5,753 square feet on a 0.18-acre lot, this property presents a compelling investment opportunity in a prime retail location. The building is fully equipped for restaurant operations, offering a turnkey solution for prospective buyers. A significant advantage is the large on-site parking field, ensuring ample space for patrons. Further enhancing visibility and accessibility is prominent pylon signage. The property benefits from its strategic location, immediately adjacent to established national retailers such as Rite Aid, Family Dollar, and Rent-A-Center, guaranteeing high foot traffic and brand recognition. The property is zoned B2-COM, allowing for a variety of commercial uses. The price per square foot is $147.75. This turnkey restaurant presents a rare opportunity to acquire a well-situated, fully equipped establishment in a thriving retail corridor. Don't miss this chance to own a piece of Riverview's vibrant commercial landscape.

    Property Features for 19230 Fort St

    General Information

    Property type
    Restaurants
    Square Feet
    5,753 SF
    Lot Size
    7,841 SF

    HighLights

    • Fully equipped freestanding restaurant building, 5,753 SF on a 0.18‑acre lot, $850,000 asking price.
    • Large on‑site parking field.
    • Prominent pylon signage.
    • Excellent location adjacent to Rite Aid, Family Dollar, and Rent‑A‑Center, ensuring high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Wayne
    State
    Michigan
    Longitude
    -83.189838
    Latitude
    42.168676

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, high-traffic restaurant. Great investment opportunity.
    Where is this restaurant located?
    The property is located at 19230 Fort St Riverview, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Fully equipped freestanding restaurant building, 5,753 SF on a 0.18-acre lot, $850,000 asking price.; Large on-site parking field.; Prominent pylon signage.
    Request Owner's contact information
    19230 Fort St Riverview, MI 48193
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    Riverview, MI 48193
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19230 Fort St Riverview, MI 48193
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