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7911 Schaefer Rd

6,010 SF Retail Building Dearborn, MI 48126 $799,999 ($133/SF)

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Investment Highlights

Extra unit available to expand the store or lease
Located on a busy street

Plenty of parking

Executive Summary

This liquor store has been in the community for over 30 years and has been under current ownership for the past four years. The owner purchased the store for a family member to operate, but he cannot manage it due to health reasons. The real estate and the liquor license alone make this a great value. The building is 6,000 SQ/FT with plenty of parking and an extra unit that a new owner can lease or expand the store business. Adding hot foods could increase sales dramatically. This liquor store needs a new owner who is eager to work and build the business back to where it used to be.
Current store hours:
Sunday -Thursday 8am-11pm
Friday - Saturday 8am-12am

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Convenience Store

Building Size

6,010 SF

Building Class

Year Built

1938

Price

$799,999

Price Per SF

$133

Tenancy

Single

Building Height

1 Story

Building FAR

0.54

Lot Size

0.25 AC

Zoning

Parking

11 Spaces (1.83 Spaces per 1,000 SF Leased)

Frontage

106 FT on Schaefer Road

About 7911 Schaefer Rd , Dearborn, MI 48126

This 6,000-square-foot building is on 0.25 acres and is on a busy street with plenty of parking. A new owner can lease the extra unit or expand the store business.

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Walk Score ®

Very Walkable (75)

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Listing ID: 33053632
Date on Market: 9/4/2024
Last Updated:
Address: 7911 Schaefer Rd, Dearborn, MI 48126

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