Cozy Grill & Cafe
Attractive Owner-User or Investor Opportunity | Highly Visible Corner Location
Marketing description
Cozy Grill & Cafe at 23594 Hoover Rd, Warren, MI 48089 presents a compelling opportunity for an owner-user or investor to acquire a free-standing restaurant in a proven neighborhood location. Positioned on a highly visible corner at Hoover Road and Belmont, the property benefits from strong exposure to more than 19,528 vehicles per day and offers convenient access with three points of ingress/egress.
The offering includes a 2,316 SF restaurant building on approximately 0.5 acres, featuring an existing restaurant layout, equipment, and build-out that can help accelerate opening timelines and reduce upfront costs for a new operator. A separate on-site secondary building, currently leased month-to-month at $500 per month, provides immediate supplemental income and future flexibility for re-tenanting or repurposing.
Surrounded by dense residential neighborhoods, the site draws from a strong local customer base with nearly 11,000 residents within 1 mile and more than 121,000 within 3 miles. Flexible M-2 zoning supports continued restaurant use and allows for additional future possibilities, subject to city approval. This is a rare chance to secure a recognizable, turnkey food-service location with built-in visibility and upside.
Investment highlights
- Attractive Owner-User or Investor Opportunity | Priced at $535,000 | A 2,316 SF Free-Standing Restaurant Building on Approximately 0.5 Acres, Offered at $231/SF, Representing an Accessible Entry Point for an Owner-Operator or Value-Add Investor in a Proven Food Service Location
- Highly Visible Corner Location with Superior Access | Situated on a Corner Lot at Hoover Road and Belmont with Three Points of Ingress/Egress, Including Two Curb Cuts on Hoover Road and One on Belmont, Providing Exceptional Visibility and Ease of Access along a Corridor Carrying 19,528+ Vehicles Per Day
- Turnkey Restaurant Infrastructure in Place | Existing Restaurant Layout, Equipment, and Build-Out Allow a New Operator to Open Quickly with Minimal Upfront Investment. The Long-Standing Operation has Built a Loyal Local Following and a Strong Community Reputation over Many Years in Business
- Supplemental Income from On-Site Secondary Building | A Separate Building on the Property is Currently Leased on a Month-to-Month Basis at $500/Month, Providing Immediate Additional Cash Flow with Flexibility to Re-Tenant, Repurpose, or Renegotiate Terms at the Buyer's Discretion
- Densely Populated Urban Trade Area | Located in Warren with over 10,999 Residents within 1 Mile and more than 121,905 within 3 Miles, Surrounded by Dense Residential Neighborhoods that Support Consistent, Repeat Foot Traffic
- Flexible M-2 Zoning | Warren's M-2 Zoning Supports Continued Restaurant Use while also Allowing for a Range of Future Alternative Uses Subject to City Approval, Adding Optionality for Investors with a Longer-Term Redevelopment Horizon
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