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    14980 Dix Toledo Rd Southgate, MI 48195

    Sponsored
    For Sale
    Contact for pricing

    Prime Southgate Restaurant, 8,778 SF, 111 Parking Spaces

    Property size:
    8,778 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,778-square-foot restaurant property, located at 14980 Dix Toledo Road in Southgate, Michigan, presents a unique investment opportunity. Situated on a 1.425-acre lot, this freestanding building boasts a highly desirable C-3 Throughfare Service zoning designation. The property features ample parking with 111 spaces, enhanced by an additional parking easement, ensuring convenient access for patrons. Two pylon signs provide excellent visibility, while the strategic location on a signalized hard corner maximizes exposure to the high traffic volume exceeding 42,000 cars per day. The property benefits from its proximity to a Walmart, providing a strong shadow anchor. The outdoor patio adds to the property's appeal, and the contiguous parking lots offer seamless accessibility. This location is ideal, serving a densely populated area with over 220,000 residents within a 5-mile radius. The former Twin Peaks Restaurant building offers significant potential for a variety of restaurant concepts or adaptive reuse. This is a rare opportunity to acquire a well-positioned, high-traffic commercial property in a thriving Michigan market. The property is for sale and ready for its next chapter.

    Property Features for 14980 Dix Toledo Rd

    General Information

    Property type
    Restaurants
    Square Feet
    8,778 SF
    Lot Size
    62,073 SF

    HighLights

    • Freestanding former Twin Peaks Restaurant building.
    • 1.42‑acre parcel on a signalized hard corner.
    • Outdoor patio.
    • 111 parking spaces.
    • Two pylon signs.
    • Shadow‑anchored by Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Twin Peaks Sports Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2114543
    Latitude
    42.1996421

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    FAQs

    What type of property is this?
    Restaurant - Prime Southgate Restaurant, 8,778 SF, 111 Parking Spaces
    Where is this restaurant located?
    The property is located at 14980 Dix Toledo Rd Southgate, MI.
    What are key features of this property?
    This property features: Freestanding former Twin Peaks Restaurant building.; 1.42-acre parcel on a signalized hard corner.; Outdoor patio.
    Request Owner's contact information
    14980 Dix Toledo Rd Southgate, MI 48195
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    Southgate, MI 48195
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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
    14980 Dix Toledo Rd Southgate, MI 48195
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