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Property profile & analytics
FOR SALE
Turn key restaurants

14100 Pennsylvania Rd Southgate, MI 48195

8,220 SF 0.97 ac lot Built 1967
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US43-0982067
14100 Pennsylvania Rd, Southgate, MI 48195 For Sale
$285,000 8,220 SF
14100 Pennsylvania Rd, Southgate, MI 48195
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Property summary
AI-generated overview

This exceptional Southgate, MI property presents a unique investment opportunity: an established florist business housed within an 8,220 square foot industrial building situated on a 0.97-acre lot. The property at 14100 Pennsylvania offers a turnkey operation, complete with all necessary equipment, a substantial inventory ready for immediate sales, a delivery van for efficient service, and a well-established customer database built over 50 years of successful operation. This represents a rare chance to acquire a profitable, long-standing business with a proven track record. The building itself provides ample space for all aspects of the floral business, offering significant potential for expansion or adaptation to other uses. The 0.97-acre lot provides ample parking and potential for future development. The asking price of $285,000 includes the real estate, the business, all equipment, inventory, the delivery van, and the valuable customer list. This is a truly exceptional opportunity for an entrepreneur seeking an established business with immediate revenue potential and a strong foundation for continued growth. Serious inquiries only. Contact us to schedule a viewing and learn more about this remarkable offering. Don't miss this chance to own a piece of Southgate's history and a thriving business.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Total area 8,220 SF
Lot 0.97 ac (42,253 SF)
Zoning code C-2 GEN BUS
APN 53 028 99 0073 000
UPID US43-0982067
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
  • Riverview Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$548k
Blend (final) Blend
$550k
Owner & transaction history
Angelo Giannotti · 19 yrs held
Angelo Giannotti
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $905,000 +6.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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