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    FOR SALE
    Turn key restaurants

    546 Telegraph Rd, Monroe, MI 48161-1614

    9,692 SF 0.87 ac lot Built 1947
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-1761633
    Property summary
    AI-generated overview

    This 9,692 square foot industrial property located at 546 S TELEGRAPH, Monroe, MI, presents a unique opportunity for business acquisition. Currently operating as Jazzy Steakburger, this established restaurant boasts brand-new equipment and a fully stocked inventory, allowing for immediate operation. The sale includes the existing business, eliminating the need for extensive start-up costs and permitting processes. The property sits on a 0.87-acre lot and is available for $249,900. The current lease is a Triple Net lease with 10 years remaining, plus a 3-year option to renew. Monthly rent is $4,000. The restaurant operates Monday through Saturday, 11 AM to 7 PM, extending hours to 8 PM during the summer months, catering to a consistent customer base. The seller is motivated and open to offers, and is willing to provide training to ensure a smooth transition. Detailed financial information is available upon execution of a Non-Disclosure Agreement (NDA). This turnkey operation offers a significant advantage for prospective buyers seeking a profitable and established business venture. Don't miss this chance to acquire a thriving business with a long-term lease in a desirable location. Schedule a showing today.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1947
    Construction WOOD FRAME
    Total area 9,692 SF
    Lot 0.87 ac (37,767 SF)
    Zoning code R-1A
    APN 55-19-00162-000
    UPID US43-1761633
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    S Saad Vacant Property LLC · 4 yrs held
    S Saad Vacant Property LLC
    since 2022
    3 recorded transactions
    2022
    1969
    1969
    Zoning & alternative use
    R-1A · Monroe, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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