25853 5 Mile Rd 3,827 SF Retail Building Redford, MI 48239 $1,950,000 ($509.54/SF)

INVESTMENT HIGHLIGHTS

  • 3,827 SF free-standing restaurant/bar with real estate.
  • Prominent street frontage for increased foot traffic.
  • Surrounded by national tenants including Subway, Family Dollar, and Little Caesars.
  • Liquor license with outdoor and Sunday permit.
  • Updated and fully operational.
  • Covered patio/outdoor seating area.

EXECUTIVE SUMMARY

Presenting an exceptional opportunity to acquire a beloved cornerstone of Downtown Redford: Sandy's on the Beech. For the first time in 35 years, this iconic restaurant is available for purchase, including the business, real estate, liquor license, equipment, and inventory. With a proven track record of success, the current owners are ready to pass the torch. Qualified buyers will have access to comprehensive sales, expense records, and tax returns.
Recent capital improvements enhance the value of this investment, featuring a new rooftop AC unit installed in 2024 and a roof replacement along with additional AC updates completed in 2010. Don’t miss your chance to step into a thriving restaurant with deep community roots!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,827 SF
Building Class
C
Year Built/Renovated
1954/2010
Price
$1,950,000
Price Per SF
$509.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.09 AC
Zoning
C-2
Parking
23 Spaces (6.01 Spaces per 1,000 SF Leased)
Frontage
63’ on Five Mile Road

AMENITIES

  • Bus Line
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
Walk Score®
Very Walkable (77)

NEARBY MAJOR RETAILERS

BIGGBY Coffee
Jpmorgan Chase & And Co
Rent-A-Center
Tim Hortons
PNC Bank

PROPERTY TAXES

  • Listing ID: 33663527

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 25853 5 Mile Rd, Redford, MI 48239