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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

Jazzercise
Bonchon
Scramblers
Comerica
Starbucks
First Merchants Bank
PNC Bank
Patel Brothers
Fifth Third Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-14-101-034
Land Assessment
$137,100
Improvements Assessment
$158,990
Total Assessment
$296,090
  • Listing ID: 30947757

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 30685 W 12 Mile Rd, Farmington Hills, MI 48334

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