22615 Goddard Rd Taylor, MI 48180-4170
- Turn key restaurants
- 3,526 SF
- 0.32 lot acres
Current Use by Public Records
- Salute Taverna / Bar / Restaurant
Property Details for 22615 Goddard Rd
- Year built
- 1961
- Lot size
- 0.32 lot acres
- Property size
- 3,526 SF
- Zone code
- MT-2
- Property type
- Turn key restaurants
- APN
- 60 057 03 0001 301
- APU
- 60057030001301
Description
This exceptional turnkey restaurant opportunity presents a fully renovated 2,937 square foot establishment ideally situated on a prominent corner lot at the intersection of Goddard Road and Pardee Road in Taylor, Michigan. The property includes the building, the established business, and a valuable liquor license, offering a seamless transition for a new owner. Its strategic location provides excellent visibility and accessibility, benefiting from high traffic counts and proximity to major thoroughfares including Telegraph Road, I-75, and I-94. The area is experiencing significant growth with numerous new developments, ensuring a strong and expanding customer base. The interior has undergone a complete renovation, presenting a modern and inviting space ready for immediate operation. This is a rare opportunity to acquire a thriving restaurant business with all assets included, in a prime location with excellent growth potential. Detailed financial information is available upon request through the appropriate channels. Please note that direct contact with employees is prohibited to maintain confidentiality.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $295,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $240,000
- Mixed-Use
- $310,000
- Hospitality
- $250,000
- Educational
- $265,000
- Residential Income
- $315,000
- Energy
- $275,000
- Income-Based Land
- $275,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2546
- Latitude
- 42.2265
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA