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    OFF-MARKET
    Turn key restaurants

    32030 Plymouth Rd, Livonia, MI 48150-1909

    4,813 SF 0.97 ac lot Built 1973
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US43-1810829
    Property summary
    AI-generated overview

    This exceptional 4,700 square foot industrial property located at 32030 Plymouth, Livonia, MI, presents a unique investment opportunity. Currently operating as a well-established steakhouse, the business boasts a valuable liquor license, a significant asset for continued operation or future ventures. The property's substantial size offers ample space for restaurant operations, with potential for expansion or adaptation to other commercial uses. Its prime location in Livonia, MI ensures high visibility and accessibility, benefiting from established local clientele and convenient transportation links. The sale includes the existing business, complete with its long-standing reputation within the community. This turnkey opportunity allows for immediate revenue generation, minimizing start-up costs and maximizing return on investment. The property's strong history and established customer base provide a solid foundation for continued success, making it an attractive proposition for both seasoned entrepreneurs and first-time investors seeking a profitable venture in a thriving market. The sale price of $399,999 reflects the value of both the real estate and the established business, offering a compelling package for a discerning buyer. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is offered as-is.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1973
    Total area 4,813 SF
    Lot 0.97 ac (42,253 SF)
    APN 46 108 99 0018 006
    UPID US43-1810829
    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
    • Sapporo Hibachi Steakhouse And Sushi Restaurant
    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
    Olson Land Acquisitions LLC · 9 yrs held
    Olson Land Acquisitions LLC
    since 2017
    3 recorded transactions
    2017
    2017
    $410,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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