Listed by Van Esley Real Estate
$3,200,000
Authentic Mexican Restaurant in Southwest Detroit
Details
Property Type Business for Sale, Retail
Sub Type Restaurant
Square Footage 12,000
Units 1
Cap Rate 12.5%
NOI $400,000
Occupancy 100%
Price per SqFt $267
Class A
Year Built 1899
Year Renovated 2020
Buildings 1
Stories 3
Acreage 0.570
Zoning B-4
Parking Spaces 42 spaces
Parking per 1,000 SqFt 3.50
Investment Type Owner/User
Occupancy Date 04/01/2026
Ownership Private
Authentic Mexican Restaurant For Sale in Southwest Detroit
Investment highlights
CONFIDENTIAL AUTHENTIC MEXICAN RESTAURANT IN SOUTHWEST DETROIT IS FOR SALE! This is a "turn-key", successful restaurant. The owner is retiring. Real Estate and business is for sale. Confidentiality Agreement is required to be signed to get any further information. All posted information is estimated and should be verified.
Listing Contacts
Listed by Van Esley Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$400,000.00
$33,333.33/mo
Valuation Metrics
0
DSCR
12.5%
Cap Rate
12.5%
ROI
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