$400,000
$550,000
27.3%For more information regarding the value of a property, please contact us for a free consultation.
3,600 SqFt
SOLD DATE : 06/03/2025
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $111
Subdivision Park'S Farm Acres
MLS Listing ID 20240085596
Sold Date 06/03/25
Year Built 1968
Annual Tax Amount $11,546
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 95.00 x 216.70
Property Sub-Type Business And Real Estate
Source Realcomp II Ltd
Property Description
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.
Location
State MI
County Oakland
Area Madison Heights
Zoning Commercial
Direction WEST SIDE OF DEQUINDRE / NORTH OF 13 MILE RD
Interior
Hot Water ENERGY STAR® Qualified Water Heater
Heating Forced Air
Heat Source Natural Gas
Exterior
Roof Type Rubber
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block,Brick
Schools
School District Lamphere
Others
Tax ID 2501476011
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2020
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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