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    11191 Telegraph Rd Erie, MI 48133
    Property profile & analytics

    11191 Telegraph Rd, Erie, MI 48133

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    • Turn key restaurants
    • 5,076 SF
    • 5.67 lot acres
    Established Restaurant with Outdoor Patios For Sale
    $895,000
    5,076 SF

    Established Restaurant with Outdoor Patios

    Turn-key Mexican restaurant with licenses and outdoor seating.

    11191 Telegraph, Erie, MI 48133
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    Property ID
    US43-0918378
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • La Fiesta Restaurant / Restaurant

    Property Details for 11191 Telegraph Rd

    Year built
    1998
    Lot size
    5.67 lot acres
    Property type
    Turn key restaurants
    APN
    05-005-010-00
    APU
    500501000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 13, 2015 — Erie LLC La Fiesta Corp Quit Claim Deed · related —
    Jun 12, 2014 $614,200 La Fiesta Corporation Michael Canales Deed $491k · Monroe Bank & Trust

    Description

    This thriving Mexican restaurant in Erie, MI, presents a unique turnkey business opportunity. Located at 11191 Telegraph, the property boasts a spacious 5,076 square foot building situated on a generous 5.67-acre lot. The restaurant enjoys a long-standing reputation and a loyal customer base, built over years of successful operation. The sale price of $895,000 includes all equipment and fixtures, making this a seamless transition for a new owner. The property's significant size offers considerable potential for expansion or diversification. Two outdoor patios provide additional seating areas, overlooking private and tranquil settings. All necessary licenses and permits are included in the sale, ensuring a smooth and immediate start to operations. This is an exceptional opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The substantial acreage offers ample room for future development, making this a truly versatile investment. Don't miss this chance to own a well-regarded restaurant with a proven track record and significant upside.


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    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4947
    Latitude
    41.8193
    CBSA code
    33780
    CBSA name
    MONROE, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,953
    $0.00
    $0.00
    $313,490
    -
    $0.00
    $0.00
    $626,980
    View Listing
    More about this property
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