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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

51390 Willis Rd Belleville, MI 48111

2,480 SF 0.76 ac lot Built 1961
Property ID
Property summary
AI-generated overview

This exceptional Belleville, MI commercial property presents a lucrative investment opportunity. Located at 51390 Willis Rd, this 2,480 square foot restaurant and bar sits on a 0.76-acre lot. Built in 1961 and renovated in 2004, the single-story building is zoned for commercial use and features one unit. The asking price for the real estate is $500,000, reflecting a price per square foot of $403. The business itself is also available for purchase. This well-established business, operating since 1979, boasts a high volume of customers drawn to its reputation for high-quality food and specialty drinks, including its renowned pizza. The property offers ample space for both dine-in and delivery services. The property's prime location and strong reputation make it an ideal acquisition for a savvy investor seeking a turn-key operation. Showings are by appointment only and require a bank letter or pre-approval. A confidentiality statement must be signed before any further information is disclosed. Monday showings are available from 11:00 AM to 6:00 PM. The Wayne County property features APN 81023990010001.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 2,480 SF
Lot 0.76 ac (33,106 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Red Rooster Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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