13490 Farmington Rd Livonia, MI 48150-4207
- Bars
- 2,600 SF
- 0.92 lot acres
Current Use by Public Records
- Mason's Bar and Grill / Sports Bar
Property Details for 13490 Farmington Rd
- Year built
- 1969
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.92 lot acres
- Property size
- 2,600 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 46 106 01 0006 000
- APU
- 46106010006000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3719
- Latitude
- 42.3815
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA