Property profile

0 Undisclossed Allen Park, MI 48101

OFF-MARKET
Retail properties & Spaces
5,640 SF
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Property summary

AI-generated overview

This exceptional 5,640 square foot retail property, located in Allen Park and Melvindale, Michigan (zip codes 48101 and 48122), is offered at $750,000 ($132.98/sq ft). Currently operating as a successful meat market and produce shop, this recently renovated space boasts updated equipment including a walk-in cooler, freezers, and a fully equipped kitchen with a hood. The spacious layout ensures efficient product display and customer flow, contributing to the high revenue currently generated. The property also includes a second-floor residential unit generating $1,000 monthly rent (increasing to $1,100 in August), adding to its investment appeal. Its versatile design allows for continued operation as a meat market or conversion into a restaurant, deli, or similar food-related business. Ample parking provides further expansion potential. All data and measurements are estimates

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,640 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Undisclossed Allen Park, MI 48101
Allen Park metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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