22701 9 Mile Rd Eastpointe, MI 48021
This thriving Eastpointe, Michigan liquor store presents a unique investment opportunity. Located at 22701 E 9 Mile Rd, 48021, this 2,200 square foot convenience store/grocery storefront boasts strong monthly sales averaging $90,000. The business operates under a modified lease with a multi-tenancy arrangement and a remaining term of 10 years, ensuring long-term stability. The current occupancy is 100%, reflecting consistent customer traffic and demand. Significant income is generated from lottery sales and ATM transactions, adding to the overall profitability. The asking price is $549,999, representing a compelling 20% capitalization rate. This is a turnkey operation ideal for an experienced entrepreneur seeking a profitable and established business in a high-traffic location within Macomb County. The sale includes the business only
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
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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.