Catylist Listing ID: | 30819239 |
Property Subtypes: | Food and Beverage |
Building Size (RSF): | 5,560 SF |
Sale Price: | $110,000 |
Year Business Established: | 2022 |
Gross Revenue: | $0 (Annual) |
Cash Flow: | $0 (Annual) |
Sale Terms: | Cash to seller, trade name not included |
Last Updated: | 9/29/2023 |
Newly built out restaurant for sale along well traveled Gratiot Ave in Eastpointe. Great location, right on the corner of Gratiot and 10 Mile! Currently Cajun Seafood, but can easily be transitioned into an alternate concept. Liquor license and all FF&E is only a year old and is included in the sale. Current trade name may not be transferred to new ownership. Potential to assign current lease. |
Nearest MSA: | Detroit-Warren-Dearborn |
County: | Macomb |
Industry Segment: | Restaurants |
Reason for Selling: | contact agent |
Value of Inventory Included ($): | $0 |
Value of Furniture, Fixtures, and Equipment ($): | $0 |
Real Estate Status: | Leased |
Value of Real Estate Included ($): | $0 |
Real Estate Lease Description: | Current lease expires January 31, 2026; one 5 year renewal option |
Proximity: | 1 mile | 3 miles | 5 miles |
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Total Population: | 26,952 | 186,304 | 409,344 |
Median Age: | 36.83 | 37.92 | 37.87 |
Households: | 10,670 | 73,755 | 160,639 |
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions. |