Property profile

5 Amvet Dr Mount Clemens, MI 48043

OFF-MARKET
Specialty properties
Property ID
US43-0050089
5,311 SF 0.22 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a thriving banquet hall and restaurant in Mount Clemens, Michigan. Located at 5 Amvet Dr, 48043, this single-story, 5,311 square foot building is priced at $679,000 ($127.85/sq ft). The property includes all equipment and is beautifully updated both inside and out, representing a seamless transition for a new owner. Beyond the substantial indoor space, an additional 2,000 square feet of outdoor area provides ample room for events and expansion. The current owner is retiring after a long and successful tenure, making this a rare chance to acquire an established and well-maintained business. The property's prime location in Macomb County offers excellent visibility and accessibility. This is a truly remarkable opportunity for an investor seeking a profitable, established business with significant potential for continued growth. All aspects of the business are included in the sale price, making this a truly turnkey operation ready for immediate success. The property is situated in Mount Clemens, Michigan, offering a strong local market and convenient access to major transportation routes.

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1985
Total area 5,311 SF
Lot 0.22 ac (9,757 SF)
Zoning code MU
APN 05-11-14-276-003
UPID US43-0050089

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Amvet Dr Mount Clemens, MI 48043-2524
Mount Clemens metro Census 245400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$230k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2019
Price N/A
2013
$205,000
2005
$150,000
2005
$120,000
1969
Price N/A

Zoning & alternative use

MU · Mount Clemens, MI
Zoning description

Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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