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    FOR LEASE
    Turn key restaurants

    27380 Van Dyke Ave, Warren, MI 48093

    6,200 SF 0.77 ac lot Built 1964
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1749192
    Property summary
    AI-generated overview

    This exceptional 6,422 square foot retail space, located at 27380 Van Dyke Avenue in Warren, Michigan, presents a unique redevelopment opportunity. Situated on a 0.77-acre lot in Macomb County, this single-tenancy property boasts a highly desirable location with convenient access to I-696 and Van Dyke Avenue, experiencing significant daily traffic volume of approximately 50,000 vehicles. The property is currently vacant and offers immense potential for a variety of retail uses, including drive-thru, quick-service restaurants (QSR), catering businesses, or even event spaces. Its strategic placement offers close proximity to the General Motors Tech Center and Warren City offices, ensuring a substantial customer base. Ample on-site parking is available for patrons and employees. This property is an ideal canvas for entrepreneurs seeking to establish a new business or for existing businesses looking to expand their reach into a thriving market. The versatile space allows for customization to meet the specific needs of a wide range of retail concepts. Don't miss this chance to secure a prime location in a high-traffic area with excellent visibility and accessibility. The property's zoning and potential uses should be verified independently.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1964
    Total area 6,200 SF
    Lot 0.77 ac (33,628 SF)
    Zoning code MZ
    APN 12-13-15-351-045
    UPID US43-1749192
    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
    Current use
    Occupant on record · Public records
    • Simple Palate Restaurant Take-out & Catering Catering Service
    • Simple Palate Banquets Wedding Service
    • Simple Palate Catering Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Simple Pafate Re LLC · 1 yrs held
    Simple Pafate Re LLC
    since 2024
    Last sale
    $449,000
    5 recorded transactions
    2024
    $449,000
    2024
    2018
    2017
    $575,000
    2004
    Zoning & alternative use
    MZ · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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