DOBI Real Estate is pleased to present this well-established Mexican restaurant in Madison Heights a prime commercial real estate opportunity. The restaurant boasts a 125-seat capacity, a fully-equipped bar, and liquor licenses. Situated on a high-visibility lot, the property offers 95 feet of road frontage by 216-foot deep lot, the lot providing ample parking for roughly 75 vehicles. This strategic location, 13 Mile Road and Dequindre Road, ensures exposure and easy accessibility with a traffic volume of 30,000 cars per day . DO NOT APPROACH EMPLOYEES; BUYERS AGENT TO VERIFY ALL INFORMATION, financials are available with a signed NDA. OVEN TOOLS, CAMERA SYSTEM, AND FURNITURE EXCLUDED FROM SALE but is negotiable.
General Information
Sale Price: $550,000
Price/SqFt: $153
Status: Active
MLS#: rcomi20240085596
City: madison heights
Post Office: madison heights
Schools: lamphere
County: Oakland
Acres: 0.47
Lot Dimensions: 95.00 x 216.70
Size: 3,600 sq.ft.
Acreage: 0.47 est.
Year Built: 1968
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $9,379 Est. Winter Taxes: $2,167
