10315 Jefferson Ave, River Rouge, MI 48218-1305
This 1936-built, single-story retail property in River Rouge, Michigan (10315 W Jefferson Ave, 48218) is priced to sell at $130,000. Located minutes from the new International Bridge, this vacant building previously operated as a bar and restaurant and is ready for a new owner. The sale includes existing equipment and fixtures, such as a deep fryer, grill, coolers, refrigerator, and cash register. The building features a kitchen, VIP area, office, and a fenced-in patio. The property boasts a new furnace and central air conditioning, and a 200-amp electrical service. The ownership structure is an LLC. The seller will consider a land contract with a minimum down payment of $40,000. This presents a unique opportunity for a savvy investor to acquire a turn-key business location or develop a new concept in a high-traffic area. The property is a single building on one story.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 GEN · River Rouge, MIRiver Rouge. Always verify with local authorities before improvements.
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.