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    25413 5 Mile Rd Redford Charter Township, MI 48239

    Sponsored
    For Sale
    $195,000

    Turnkey Restaurant, 2000 SF, $195K

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,000 square foot storefront, located at 25413 Five Mile Road in Redford Charter Township, Michigan, presents a unique investment opportunity. Priced at $195,000 ($97.50 per square foot), this property boasts a prime location within Wayne County, offering excellent visibility and accessibility. Previously operating as a fully furnished restaurant, the space comes complete with all necessary restaurant equipment, making it an ideal turnkey solution for a food-related business. The building's 2,000 square feet provide ample space for a variety of culinary ventures, from casual dining to catering operations. The property's address is 25413 Five Mile Road, Redford Charter Township, MI 48239. Its convenient location within a bustling area ensures high foot traffic and potential for significant customer reach. This fully equipped space eliminates the need for extensive upfront investment in equipment and furnishings, allowing for a quicker start-up and immediate revenue generation. The property is ready for immediate occupancy and represents a compelling opportunity for entrepreneurs seeking a well-established and equipped commercial space. Serious inquiries are encouraged to explore this promising investment prospect.

    Property Features for 25413 5 Mile Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,000 SF

    HighLights

    • $195,000 asking price for this 2,000 square foot storefront.
    • Located at 25413 Five Mile Road, Redford Charter Township, MI 48239.
    • Retail property with a price per square foot of $97.50.
    • Fully furnished with restaurant equipment, ideal for food‑related businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Redford Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.292518
    Latitude
    42.399369

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    FAQs

    What type of property is this?
    Individual retail property - Turnkey Restaurant, 2000 SF, $195K
    Where is this individual retail property located?
    The property is located at 25413 5 Mile Rd Redford Charter Township, MI.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price for this 2,000 square foot storefront.; Located at 25413 Five Mile Road, Redford Charter Township, MI 48239.; Retail property with a price per square foot of $97.50.
    Request Owner's contact information
    25413 5 Mile Rd Redford Charter Township, MI 48239
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    Redford Charter Township, MI 48239
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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
    25413 5 Mile Rd Redford Charter Township, MI 48239
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