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Property profile & analytics
OFF-MARKET Estimated value $290,000
Bars & Pubs

13490 Farmington Rd Livonia, MI 48150-4207

2,600 SF 0.92 ac lot Built 1969
Entity Owned 5-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
by Request
Blend (final) Blend
$290k
Owner & transaction history
J & B S Property LLC · 5 yrs held
J & B S Property LLC
since 2021
3 recorded transactions
2021
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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