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    OFF-MARKET
    Turn key restaurants

    10617 Jefferson Ave, River Rouge, MI 48218-1229

    1,716 SF 0.09 ac lot Built 1930
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5175539
    Property summary
    AI-generated overview

    This exceptional 1,710 square foot restaurant building is available for sale at 10617 W Jefferson Ave, River Rouge, MI 48218. Located in Wayne County, this single-tenant property presents a fantastic investment opportunity. The building is zoned B1 CEB, offering flexibility for various commercial uses. The property's prime location ensures high visibility and accessibility, attracting a steady stream of customers. The existing restaurant setup provides a turnkey operation, minimizing initial setup costs and allowing for immediate revenue generation. The property features a total of 1,710 square feet of well-maintained space, ideal for a thriving culinary business. The property's parcel number is 50-008-09-0016-002. This is a rare chance to acquire a well-established restaurant in a desirable location with significant growth potential. The building's condition and layout are conducive to a seamless transition for a new owner. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property is ready for immediate occupancy, offering a swift return on investment. Don't miss this opportunity to own a thriving business in a high-traffic area. The property's strategic location and existing infrastructure make it an attractive proposition for both seasoned restaurateurs and new entrepreneurs.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1930
    Total area 1,716 SF
    Lot 0.09 ac (3,920 SF)
    Zoning code B1 CEN
    APN 50 008 09 0016 002
    UPID US43-5175539
    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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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Francheskos LLC · 5 yrs held
    Francheskos LLC
    since 2021
    Last sale
    $250,000
    7 recorded transactions
    2021
    2005
    2004
    $250,000
    2004
    1969
    1969
    1969
    Zoning & alternative use
    B1 CEN · River Rouge, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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