23202 Greater Mack Ave, St. Clair Shores, MI 48080
This exceptional business opportunity presents a fully operational, turnkey cheesesteak restaurant located at 23202 Greater Mack Ave, St. Clair Shores, Michigan 48080. The 1,000 square foot space boasts a brand new build-out and is situated on a 1.04-acre lot. The property, built in 1960, is zoned B-3 and features a single story building with 100% occupancy. Included in the sale are all equipment, coolers, stoves, and utensils. The asking price for the business and its equipment is $285,000. Alternatively, the business, including all equipment, is available for $135,000 with a three-year lease at $2,000 per month. This prime location in Macomb County offers significant potential for continued success. The property's parcel number is 09-14-34-135-018. This is a rare opportunity to acquire a thriving, established business with a proven track record. The business has been voted "Best Pizza in St. Clair Shores," indicating strong community support and brand recognition. Don't miss this chance to own a successful, established restaurant in a desirable location.
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Philly’s Original Cheesesteaks Restaurant
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
Similar Nearby for Lease
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.