30685 W 12 Mile Rd
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30685 W 12 Mile Rd
3,292 SF Retail Building Farmington Hills, MI 48334 $975,000 ($296/SF)
Investment Highlights
- Fully equipped freestanding restaurant.
- Completed remodeled in 2019.
- Dedicated parking & monument signage.
- Seating for 110+ customers.
- Located in the busy retail corridor of Orchard Lake Rd/12 Mile Rd.
- Located within walking distance of two hotels.
Executive Summary
Conventional style restaurant/bar facility with the interior completely updated in 2019 with new kitchen, new bar and additional seating to accommodate 110+ customers. This restaurant comes fully equipped with all FF&E. There is also a dedicated parking lot to accommodate 70 vehicles. This is an excellent owner/user opportunity in an area with excellent demographics!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,292 SF
Building Class
C
Year Built/Renovated
1972/2020
Price
$975,000
Price Per SF
$296
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.90 AC
Zoning
B-3
Parking
73 Spaces (22.17 Spaces per 1,000 SF Leased)
Frontage
184 FT on W. 12 Mile Rd
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 23-14-101-034 | Improvements Assessment | $158,990 |
Land Assessment | $137,100 | Total Assessment | $296,090 |
PROPERTY TAXES
Parcel Number
23-14-101-034
Land Assessment
$137,100
Improvements Assessment
$158,990
Total Assessment
$296,090
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30685 W 12 Mile Rd
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