10315 Jefferson Ave River Rouge, MI 48218-1305
- Bars
- 1,715 SF
- 0.04 lot acres
Current Use by Public Records
- Bars
Property Details for 10315 Jefferson Ave
- Year built
- 1936
- Lot size
- 0.04 lot acres
- Property size
- 1,715 SF
- Zone code
- B2 GEN
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 50 007 13 0001 001
- APU
- 50007130001001
Description
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.
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
- River Rouge
- County
- Wayne
- State
- Michigan
- Longitude
- -83.132
- Latitude
- 42.2763
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
