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    Property profile & analytics
    OFF-MARKET
    Commercial land

    4531 Allen Rd, Allen Park, MI 48101-2763

    0.11 ac lot
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1776054
    Property summary
    AI-generated overview

    This exceptional Allen Park, Michigan restaurant presents a unique owner-user investment opportunity. Located at 4531 Allen Rd, this free-standing, single-story building boasts 2,118 square feet and sits on two adjacent parcels providing ample parking. Completely renovated in 2022, the property is currently operating as a Lefty's Cheesesteaks Burgers & Wings corporate store, enjoying 100% occupancy. The asking price is $350,000 ($165.25/sq ft). The building is zoned C4 and was originally constructed in 1950. The sale price excludes the existing equipment, which is available for separate purchase at $75,000. Note that a 30-day post-closing occupancy period may be required by the seller. This prime location in Allen Park, near established businesses such as Starbucks, Chipotle, Dunkin', AT&T, Five Guys, and Qdoba, offers significant potential for continued success. The property is for sale by owner and lease terms are negotiable. This is a turnkey opportunity for a savvy investor or owner-operator seeking a thriving restaurant business in a high-traffic area.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.11 ac (4,792 SF)
    Zoning code C 4
    APN 30 009 06 0227 303
    UPID US43-1776054
    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
    • Lefty's Cheesesteaks, Burgers, & Wings 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
    Ardys D Bennett · 4 yrs held
    Ardys D Bennett
    since 2022
    Last sale
    $335,000
    3 recorded transactions
    2022
    2020
    $275,000
    2009
    Zoning & alternative use
    C 4 · Allen Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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