Property profile

27553 Cherry Hl Rd Inkster, MI 48141

OFF-MARKET
Bars & Pubs
Property ID
US43-1985327
2,190 SF 0.2 ac lot Built 1962
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a fully operational bar and grill located at 27553 Cherry Hill, Inkster, MI. The property boasts a generous 2,100 square feet of space situated on a 0.2-acre lot, providing ample room for both customer seating and operational needs. The interior features a fully equipped kitchen, ready to handle the demands of a busy establishment, and a well-stocked bar area, perfect for creating a lively atmosphere. The layout is designed to comfortably accommodate both casual dining and larger social gatherings, catering to a diverse clientele. The restaurant's prime location in Inkster ensures high visibility and easy accessibility for patrons. This turnkey operation is offered at $525,000 and represents a significant opportunity for an investor seeking a profitable and established business in a vibrant community. The existing infrastructure and strong reputation provide a solid foundation for continued growth and success. The property is ready for immediate operation, allowing a new owner to seamlessly transition into the business and capitalize on its existing customer base and strong potential. This is an excellent chance to acquire a well-established and profitable business in a desirable location.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1962
Total area 2,190 SF
Lot 0.2 ac (8,712 SF)
APN 44 003 02 0202 001
UPID US43-1985327

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

27553 Cherry Hl Rd Inkster, MI 48141-1206
Inkster metro Census 570400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2018
$130,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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