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    OFF-MARKET
    Bars & Pubs

    13490 Farmington Rd, Livonia, MI 48150-4207

    2,600 SF 0.92 ac lot Built 1969
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-1141877
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1969
    Construction CONCRETE BLOCKS
    Total area 2,600 SF
    Lot 0.92 ac (40,075 SF)
    APN 46 106 01 0006 000
    UPID US43-1141877
    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
    Current use
    Occupant on record · Public records
    • Mason's Bar and Grill Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    J & B S Property LLC · 4 yrs held
    J & B S Property LLC
    since 2021
    3 recorded transactions
    2021
    2009
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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