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    OFF-MARKET
    Bars & Pubs

    10315 Jefferson Ave, River Rouge, MI 48218-1305

    1,715 SF 0.04 ac lot Built 1936
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US43-4407081
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1936
    Total area 1,715 SF
    Lot 0.04 ac (1,742 SF)
    Zoning code B2 GEN
    APN 50 007 13 0001 001
    UPID US43-4407081
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Innings Sports Extra · 13 yrs held
    Innings Sports Extra
    since 2012
    3 recorded transactions
    2012
    2006
    2006
    $35,000
    Zoning & alternative use
    B2 GEN · River Rouge, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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