4501 Ft St Trenton, MI 48183-4579
Property profile & analytics
4501 Ft St, Trenton, MI 48183-4579
- Turn key restaurants
- 9,067 SF
- 1.92 lot acres
Property ID
US43-1238891
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 4501 Ft St
- Year built
- 1989
- Lot size
- 1.92 lot acres
- Zone code
- RM-1
- Property type
- Turn key restaurants
- APN
- 54 024 99 0004 002
- APU
- 54024990004002
Description
This exceptional turnkey restaurant opportunity presents a rare chance to acquire a well-established, tastefully decorated dining establishment in a prime Trenton, Michigan location. The former Fratello's Restaurant boasts 9,067 square feet of space, situated on a 1.92-acre lot at the highly visible corner of Fort Street and Van Horn Road, enjoying over 400 feet of frontage on Fort Street. This high-traffic area sees over 35,000 vehicles per day, ensuring excellent visibility and accessibility. The property includes ample parking with 128 spaces, catering to both staff and patrons. Built in 1989, the building features attractive dining rooms, an expansive bar area, and a cozy fireplace room, all ready for immediate use. The sale includes all existing furniture, fixtures, and equipment (FFE), along with the valuable liquor license, streamlining the transition for a new owner. The property's proximity to Downtown Trenton and the bustling West & Allen retail district further enhances its appeal. The asking price is $1,850,000, with annual property taxes totaling $31,714. This is a unique chance to acquire a fully operational restaurant with significant potential for continued success in a thriving commercial area. The APN is 54-024-99-0004-002.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,028,000
- AI Estimate
- $1,028,000
Market price range: $569k - $1.50MMarket price range: $569k - $1.50M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $940,000 Current use
- COMMERCIAL (GENERAL)
- $995,000 Change: +6% Conversion: Easy
- OFFICE BUILDING
- $880,000 Change: -6% Conversion: Moderate
- MEDICAL BUILDING
- $855,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2015
- Latitude
- 42.126
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,369
$0.00
$0.00
$529,200
-
$0.00
$0.00
$1,058,400
