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    OFF-MARKET
    Grocery and convenience stores

    27105 Shiawassee Rd, Southfield, MI 48033-3562

    1,200 SF 0.12 ac lot Built 1946
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-0307687
    Property summary
    AI-generated overview

    This 1,200 square foot industrial property, located at 27105 SHIAWASSEE in Southfield, MI, presents a unique investment opportunity. Situated on a 0.12-acre lot, the property currently operates as a well-established convenience store within a residentially zoned area, benefiting from a grandfathered status. The business enjoys strong local demand, averaging $12,000 in monthly sales. The existing customer base demonstrates a significant need for beer and wine sales, presenting a clear path for revenue expansion with the addition of the appropriate licensing. This turnkey operation offers immediate income generation and substantial potential for future growth through strategic enhancements and the addition of beer and wine sales. The property's location within a residential area ensures a consistent customer base, minimizing reliance on external traffic. This is a rare chance to acquire a profitable business with significant upside in a desirable location. The property is priced at $219,900 and offers a compelling return on investment for the right buyer. The existing infrastructure provides a solid foundation for continued success, allowing for immediate revenue generation and the opportunity to capitalize on the high demand for expanded product offerings. This is a truly exceptional opportunity for an investor seeking a strong, established business with significant growth potential.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1946
    Total area 1,200 SF
    Lot 0.12 ac (5,184 SF)
    Zoning code R-1
    APN 76-24-31-303-007
    UPID US43-0307687
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Arradi Property LLC
    Arradi Property LLC
    since 2025
    Last sale
    $60,000
    6 recorded transactions
    2025
    $60,000
    2024
    $65,000
    2023
    $110,000
    2017
    $45,000
    2001
    $45,000
    1969
    Zoning & alternative use
    R-1 · Southfield, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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