Property profile

17024 9 Mile Rd Eastpointe, MI 48021

OFF-MARKET
Industrial properties
2,200 SF Built 1920
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Property summary

AI-generated overview

This thriving liquor store, located at 17024 E 9 MILE in Eastpointe, Michigan, presents a fantastic investment opportunity. The business occupies a 2,200 square foot space and boasts consistently strong monthly sales averaging $90,000. A significant portion of the income is generated from lottery ticket sales and ATM transactions, providing a reliable revenue stream. This is a smaller-scale operation, making it ideal for an owner-operator seeking a manageable yet highly profitable business venture. The sale includes the established business only

Property profile

Verified
Property type Industrial properties
Year built 1920
Total area 2,200 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

17024 9 Mile Rd Eastpointe, MI 48021
Eastpointe metro
Google Maps

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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