2563 Ellsworth Rd Ypsilanti, MI 48197
- Retail space
- 11,014 SF
- 1.38 lot acres
Current Use by Public Records
- Sinbad's Koney Island / American Restaurant / Breakfast Restaurant
- Cheesesteak Daddy / Restaurant
Property Details for 2563 Ellsworth Rd
- Year built
- 1998
- Lot size
- 1.38 lot acres
- Property size
- 11,014 SF
- Property type
- Retail space
- APN
- K -11-18-100-014
- APU
- K1118100014
Description
This thriving coney island restaurant, located in a busy Ypsilanti strip center, presents a fantastic investment opportunity. Boasting 3,000 square feet on a 1.38-acre lot, this end-unit location offers exceptional visibility and ample parking. The restaurant is conveniently situated near Eastern Michigan University, ensuring a consistent customer base. Currently operating as a breakfast and lunch establishment, the business generates a strong monthly income averaging $43,000-$45,000. Significant recent upgrades include new flooring, booths, and tables (all installed in 2021), along with a fresh coat of paint, also completed in 2021. The well-equipped kitchen features a walk-in cooler, walk-in freezer, dishwashing station, and cashier area. The spacious dining room comfortably accommodates dine-in customers, and a carry-out option is also available. Family-owned and operated for over 18 years, the owner is now retiring, presenting a unique chance for a new owner to capitalize on the established success and expand operations, potentially by adding dinner service to further increase revenue. All data is approximate. Please note: Do not approach employees or customers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ypsilanti
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.6499
- Latitude
- 42.2302
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
