0 Undisclossed, Allen Park, MI 48101
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.