Address
16250 Northland Drive, Unit Ll19 Southfield, MI
Price
$ 50,000
Property Attributes
- ML#2200054994
- TypeCommercial
- CountyOAKLAND
- CitySouthfield
- AreaSouthfield
- Zip48075
- StyleRestaurant inside building
- Year Built1967
- Taxes58162
- Price$ 50,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3015
Listing Provided Courtesy Of:
PG Real Estate Group
Property Description
Rare chance to own the business entity to a fully equipped and running restaurant inside of busy office complex. This restaurant is totally set up to provide dine in (40 seats), carry out, and catering services for the 6 story building and surrounding areas. Currently operates Monday through Friday 8am - 4:30pm. Sale includes all kitchen equipment, seating, inventory and 3 hallway vending machines (1 snack, 2 drink). The hours of operation can be expanded for the evening to support the school that offers night classes until 10pm in the building. Lease is $1,250/month and includes taxes and utilities and internet is $150/month.
| Price History | |
|---|---|
| 7/16/2020 | Listed $100,000 |
| 7/28/2020 | 10% - $90,000 |
| 11/3/2020 | 12% - $80,000 |
| 12/3/2020 | 38% - $50,000 |
General Features
| Commercial Type | Business Opportunity |
|---|---|
| Construction Materials | Other |
| Cumulative Days on Market | 193 |
| Current Use | Restaurant inside building |
| Gross Scheduled Income | 156000.00 |
| Heating | Forced Air |
| Listing Agent Public Id | 414648 |
| Net Operating Income | 100000.00 |
| Operating Expense | 56000.00 |
| Originating MLS | Realcomp II Ltd |
| Ownership Status | Private Owned, Short Sale - No |
| Parcel Number | 2436377025 |
| Possession | At Close |
| Property Type | Commercial |
| School District | Southfield Public Schools |
| Sewer | Sewer-Sanitary |
| Short Sale | No |
| Status | Active |
| Terms Offered | Cash, Conventional |
| Total Sq Ft | 3015 |
| Transaction Type | Sale |
| Unit Number | LL19 |
| Year Built | 1967 |
| Zoning | Commercial, Office |
Interior Features
| Heating Fuel | Natural Gas |
|---|
Exterior Features
| Architecture Level | 1 Story |
|---|---|
| Foundation | Basement |
| Foundation Materials | Poured |
| Frontage Feet | 200 |
| Lot Size Area | 0.00 |
| Lot Size Dimensions | Business Only |
| Water Source | Municipal Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Remerica United Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of January 25, 2021 6:38 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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