220 Southfield Rd Ecorse, MI 48229-1130
- Investment properties
- 5,390 SF
- 0.06 lot acres
Aug 10, 2023
Current Use by Public Records
- Investment properties
Property Details for 220 Southfield Rd
- Year built
- 1940
- Lot size
- 0.06 lot acres
- Property size
- 5,390 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 34-007-04-0001-001
- APU
- 34007040001001
Description
This exceptional Ecorse, MI property presents a unique investment opportunity encompassing a thriving business and substantial real estate. Located at 220 and 218 Southfield Road, the offering includes a fully operational bar and grill occupying 2,695 square feet on a one-acre lot. The bar and grill features a fully equipped kitchen with a grill and fryer, a covered outdoor patio, and a valuable Class "C" liquor license. A basement adds significant storage or expansion potential. In addition to the bar and grill, a separate retail space at 218 Southfield Road is available for lease, generating additional income streams. Two income-producing apartments located upstairs are currently rented, providing further passive income. The entire property is offered as a turnkey operation, ready for immediate ownership and continued operation. Financial terms are flexible, with land contract options available. All data is approximate. This is an exceptional opportunity to acquire a well-established business with significant income potential and a substantial real estate asset in a prime location. The combination of the bar and grill, retail space, and rental apartments provides a diversified income stream and significant return on investment. Serious inquiries only.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ecorse
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1537
- Latitude
- 42.2438
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
