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Property profile

000 Old Woodward Ave Birmingham, MI 48009

OFF-MARKET
Industrial properties
Built 1999
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Property summary

AI-generated overview

This turnkey cafe presents a unique opportunity for a savvy entrepreneur in the vibrant heart of Birmingham, Michigan. The property boasts a highly desirable location, offering immediate access to a thriving community of shoppers and diners. The existing cafe features a substantial brick patio providing ample outdoor seating, perfect for enjoying the bustling Birmingham atmosphere. The property includes plentiful on-site parking, a significant advantage in this busy area. The interior space is ready for immediate operation, allowing a new owner to seamlessly transition into business. The location's proximity to popular shops and restaurants ensures high foot traffic and visibility, creating a strong foundation for success. This is an exceptional chance to acquire an established business with significant potential for growth and expansion. The property's turnkey nature minimizes upfront investment and allows for a rapid start to operations. The existing infrastructure and established customer base provide a solid platform for a new owner to build upon. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a well-positioned, established operation in a prime location. The potential for a cafe, restaurant, or bistro is significant, given the existing infrastructure and the high demand for dining options in this area. The property is offered at $150,000.

Property profile

Verified
Property type Industrial properties
Year built 1999

Cap rate & NOI

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

Location

000 Old Woodward Ave Birmingham, MI 48009
Birmingham metro
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Value estimations

Realmo proprietary · 4 methods
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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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