Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C 4 · Allen Park, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C4 in Allen Park, MI.
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