104 Macomb Pl Mount Clemens, MI 48043
- Turn key restaurants
- 3,702 SF
- 0.18 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 104 Macomb Pl
- Year built
- 1980
- Lot size
- 0.18 lot acres
- Property size
- 3,702 SF
- Zone code
- CB
- Property type
- Turn key restaurants
- APN
- 05-11-11-458-025
- APU
- 51111458025
Description
This exceptional mixed-use property, located at 104 Macomb Pl in the vibrant downtown Mount Clemens social district, presents a unique investment opportunity. Priced at $895,000, this 3,702 square foot main level business offers ample space, currently configured as a winery with a Wine Production and Distribution License. The sale includes all furniture and an extensive inventory of over 20,000 bottles of wine. Upstairs, two 500 square foot offices with a private bathroom provide ideal space for staff or additional business functions. A 250 square foot outdoor storage area adds to the property's functionality. Parking is a significant advantage, with 10-12 dedicated parking spots at the rear, plus the convenience of municipal parking directly across the street. The property also boasts a charming 3,702 square foot main level with a beautiful paver patio featuring string lights, creating an inviting atmosphere. Its previous use as a restaurant makes it easily adaptable to various dining concepts. This high-traffic location offers exceptional visibility and accessibility, making it an ideal investment for a discerning buyer. The property's versatile design and prime location in the heart of downtown Mount Clemens make it a truly exceptional opportunity. The included inventory and existing licenses further enhance its immediate earning potential. This is a turnkey operation ready for a new owner to step in and succeed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $250,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $240,000
- Mixed-Use
- $290,000
- Hospitality
- $270,000
- Educational
- $270,000
- Residential Income
- $230,000
- Energy
- $305,000
- Income-Based Land
- $225,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Mount Clemens
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8793
- Latitude
- 42.5998
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA