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    FOR SALE
    Commercial real estate

    128 28Th St SW, Wyoming, MI 49548

    2,460 SF 0.08 ac lot Built 1955
    Individually Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US43-1102125
    128 28Th St SW, Wyoming, MI 49548 For Sale
    $495,000 2,460 SF
    128 28Th St SW, Wyoming, MI 49548
    View Listing →
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity presents a rare chance to acquire an established business with significant operational history. Located at 128 28th Street in Wyoming, Michigan, this 2,460 square foot industrial property sits on a 0.18-acre lot at a highly visible hard corner with a lighted intersection on busy 28th Street. Bonsa Express, the current occupant, has operated successfully for 23 years, providing a strong foundation for continued success. The sale includes all existing equipment, fixtures, and furnishings, ensuring a seamless transition for the new owner. This comprehensive inventory includes tables, booths, prep tables, a 16-foot hood system, grills, and a valuable tavern license. Recent upgrades significantly enhance the property's operational efficiency and longevity. A new furnace was installed in 2017, while a new HVAC system, roof, and tankless water heater were all installed in 2018. Ample parking is provided via an adjacent lot located at 122 28th St SW. This is a unique opportunity to acquire a profitable, established restaurant in a prime location with minimal upfront investment. The asking price for this complete package is $575,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1955
    Total area 2,460 SF
    Lot 0.08 ac (3,398 SF)
    Zoning code B2
    APN 41-17-13-226-005
    UPID US43-1102125
    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
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    Owner & transaction history
    Damir Duratouic · 21 yrs held
    Damir Duratouic
    since 2005
    3 recorded transactions
    2018
    2005
    $155,000
    1999
    Zoning & alternative use
    B2 · Wyoming, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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