Listed by New Michigan Realty
$159,900
Downtown Detroit Restaurant!
Details
APN 00000
Property Type Business for Sale, Retail
Sub Type Business Only, Storefront
Square Footage 1,300
Net Rentable (SqFt) 1,300
Units 1
Cap Rate 100.00%
NOI $999,999,999
Price per SqFt $123
Broker Co-Op Yes
Class A
Year Built 1900
Zoning Commercial
Downtown Detroit Restaurant for Sale!
Marketing description
Here is your chance to own this fully built out restaurant located just minutes from the downtown districts of Detroit! Your restaurant will have excellent exposure on highly traveled Jefferson Ave, and will have the benefits of being located right next to a hotel, which offers a built in clientele. You can leave it as a Tubby's Sub Shop, or you can bring in your own concept. Full kitchen with enough seats for 50 in the dining area. Favorable lease terms. The kitchen buildout alone is worth the asking price!!!!
Investment highlights
Close to downtown districts
High traffic Jefferson Ave
Near many hotels
Listing Contacts
Listed by New Michigan Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$999,999,999.00
$83,333,333.25/mo
Valuation Metrics
0
DSCR
625,390.87%
Cap Rate
625,390.87%
ROI
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