22000 W 7 MILE Road $118,900

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    22000 W 7 MILE Road Detroit, MI 48219

    • 1,000 sq.ft.
    • Commercial
    MLS# 218090250 | Active

    $118,900

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    Days On Market: 124 5 Views
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    Property Details

    MANHATTAN FISH AND CHICKEN. THIS IS A VERY FAMOUS NAME BRAND BUT DOES NOT PAY ANY LOYALTY TO ANYONE. SERVICE SALAD, SANDWICHES, SOUP, HAMBURGER, BEVERAGE & OTHER DELI FOOD PLUS SELL FEW ITEMS OF GROCERIES. RESTAURANT ACCEPT FOOD STAMP & ALWAYS BUSY. HOURS 11-11 SUNDAY: 12-9. SELLER WILLING TO TEACH NEW BUYER HOW TO OPERATED THIS PLACE IN 3 WEEK (THIS SHOULD BE MORE THAN ENOUGH TO BECOME AN OPERATOR OF THIS TYPE OF FOOD STORE). 1000 SQFT AND LEASE IS ONLY $1400/MONTH. THE RESTAURANT HAVE SIX EMPLOYEES BUT A FAMILY THAT WORK TOGETHER CAN CUT THAT AND MAKE MORE PROFIT..GREAT, CLEAN AND NEWER STRIP CENTER NEXT TO A LIQUOR STORE AND SOME OTHER SHOPS. VERY BUSY CORNER. VERY SAFE AND MANY HOMES IN AREA & NEAR TWO SCHOOLS. MAKE PROFIT FROM DAY ONE AND NOTHING CAN GO WRONG IN HERE (TRY IT BEFORE BUYING IT TO MAKE SURE THE NUMBER ARE TRUE). **SELLER IS VERY MOTIVATED**

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Commercial Type Business Opportunity
      • Business Type Retail, Service
      • Current Use FISH AND CHICKEN RESTURANT
      • Lot Size Area 0
      • Zoning Commercial
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1979
      • Year Remodeled 2012
      • Sqft Total 1,000
      • Operating Expense $95,000
      • Net Operating Expense $85,000
      • Gross Scheduled Income $400,000
      • Tax Amount - Summer 280.0000
      • Tax Amount - Winter 540.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
      • Sqft Office 1,000
      • Office Heating Central Air, Forced Air
      • Plant Heating Central Air, Exhaust Fan, Forced Air
    • Property Features
      • Commercial Utilities 220V Available, Fire Sprinkler, Intercomm, Security Alarm
      • Road Frontage Type Paved, Pub. Sidewalk
      • Frontage Feet 40
      • Lot Size Dimensions 40X120
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Detroit

    Contact

    Mike Bahry

    Sales Associate

    RE/MAX First

    Text: 248-790-9366

    Neighborhood

    48219 (Detroit) Demographics

    37Median Age
    5,867Population Density (per sq. mile)
    24%College Educated
    $31,917Estimated Median Income
    10,287Estimated Total Home Owners
    8,441Estimated Total Renters
    55% / 45%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    49,326Total Population

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    49 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $118,900
        9/14/2018 5:44:00 PM New in Database Source

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