13490 Farmington Rd, Livonia, MI 48150-4207
This exceptional opportunity presents the acquisition of Mason's Burger Bar, a well-known and successful restaurant and bar located at 13490 Farmington Road in Livonia, Michigan. The property, situated on a 0.918-acre lot, boasts a 2,600 square foot building constructed in 1969 and features a spacious 75-space parking lot. The property is zoned C-2 and includes two units. The sale includes the real estate, the established business, fixtures, furniture, and equipment (FF&E), and the valuable liquor license. Mason's Burger Bar enjoys a prime location, just 300 feet from I-96, ensuring high visibility and accessibility. The business has a rich history, having started in Detroit in 1944 and relocating to Livonia in 1982, establishing itself as a community staple and multiple-time winner of "Best Burger in Detroit." The interior features 14 beer taps, 6 HD TVs, and a $10,000 sound system. The property is approved for outdoor seating, further enhancing its appeal and capacity. The asking price for this turnkey operation is $995,000. This presents a rare opportunity to acquire a profitable, established business with significant brand recognition and a loyal customer base in a high-traffic location. The business's proven resilience to economic fluctuations makes it an attractive investment.
-
Mason's Bar and Grill Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.