27105 Shiawassee Rd, Southfield, MI 48033-3562
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Southfield, MISouthfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.