Property profile

10813 Michigan Ave Parma, MI 49269

OFF-MARKET
Drive through restaurants
Property ID
US43-4077026
896 SF 0.23 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a fully operational and profitable soft-serve ice cream store located at 10813 W Michigan in Parma, Michigan. The 720-square-foot building sits on a 0.3-acre lot, offering ample parking and outdoor seating for customers. The interior boasts a bright and inviting atmosphere, recently renovated in 2024, creating a fun and family-friendly environment. The property includes all commercial-grade ice cream equipment, ensuring a seamless transition for the new owner. This turnkey operation benefits from an already established customer base and loyal following, providing immediate revenue potential. The prime location ensures high foot traffic, maximizing exposure and sales opportunities. This is a rare chance to acquire a well-established, successful business with significant growth potential in a desirable community. The asking price for this turnkey operation is $390,000. This presents a unique opportunity for an investor seeking a profitable and established business in a thriving market. The combination of a strong brand, loyal customer base, and prime location makes this a truly exceptional investment opportunity. Don't miss out on this chance to own a piece of Parma's sweet success story.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 896 SF
Lot 0.23 ac (9,888 SF)
Zoning code VILLAGE
APN 011-07-31-153-001-00
UPID US43-4077026

Cap rate & NOI

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

Location

10813 Michigan Ave Parma, MI 49269-9834
Parma metro Census 6500 JACKSON, MI METROPOLITAN STATISTICAL AREA
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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
$400k

Owner & transaction history

Zoning & alternative use

VILLAGE · Parma, MI

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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