42050 Grand River Ave Novi, MI 48375
- Commercial real estate
- 12,000 SF
Current Use by Public Records
- Wasabi Gift Cards / Gift Shop
- Wasabi Japanese Steakhouse & Sushi Lounge / Japanese Restaurant / Banquet Hall
Property Details for 42050 Grand River Ave
- Property size
- 12,000 SF
- Property type
- Commercial real estate
Description
This exceptional turn-key Japanese steakhouse and sushi lounge in Novi, Michigan, presents a lucrative investment opportunity. Located at 42050 Grand River Ave, 48375, this 12,000 square foot establishment boasts 10 hibachi tables, ensuring ample seating and high capacity. The sale includes a valuable liquor license and a dance permit, expanding the potential revenue streams and entertainment options. A significant advantage is the spacious basement, perfectly suited for hosting banquets, private events, or expanding the existing operations. This versatile space allows for increased revenue generation through private functions and catering services. The property's prime location in Oakland County, Michigan, offers excellent visibility and accessibility, attracting a large customer base. This well-established business is ready for a new owner to continue its success and capitalize on its existing infrastructure and permits. The asking price is $349,999, representing a compelling investment in a thriving restaurant with significant growth potential. Serious inquiries are encouraged to explore this unique opportunity further. Financial details and operational information are available upon request.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Novi
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4616581
- Latitude
- 42.47823783
