1842 Monroe St, Dearborn, MI 48124-2925

This exceptional opportunity presents a thriving, owner-operated deli located at 1842 Monroe St, Dearborn, MI 48124. The property, built in 1936, boasts a single-story building with approximately 900-1000 square feet of space situated on a lot ranging from 5,000 to 7,000 square feet. Currently operating at 100% occupancy with a gross lease, this restaurant presents a compelling investment with a 27% cap rate. The asking price is $450,000, which includes the real estate. The business is SBA approved, requiring only a 10% down payment at the listed price. Currently operating with short hours, significant potential exists to increase revenue through expanded hours, delivery services, and the addition of complementary items, such as ice cream, to capitalize on the summer patio season. The property is zoned for commercial use and is a single-tenancy building within Wayne County. Financial details are available upon request with proof of funds. This is a rare chance to acquire a well-established, profitable business with significant upside potential. Don't miss this chance to own a piece of Dearborn's culinary history.