Property profile

104 Macomb Pl Mount Clemens, MI 48043

OFF-MARKET
Turn key restaurants
Property ID
US43-5255061
3,702 SF 0.18 ac lot Built 1980
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 3,702 SF
Lot 0.18 ac (7,797 SF)
Zoning code CB
APN 05-11-11-458-025
UPID US43-5255061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104 Macomb Pl Mount Clemens, MI 48043-5651
Mount Clemens metro Census 245100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2021
Last sale
$215,000
4 recorded transactions
2021
$215,000
2021
Price N/A
2019
$163,178
2013
$205,000

Zoning & alternative use

CB · Mount Clemens, MI
Zoning description

Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is intended to provide the screening, the "protected u…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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