Address
27910 7 Mile Road, Livonia, MI
Price
$ 600,000
Property Attributes
  • ID#20230074957
  • TypeCommercial
  • CountyWAYNE
  • CityLivonia
  • AreaLivonia
  • Zip48152
  • Style
  • Year Built1965
  • Taxes$ 19363
  • Price$ 600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9691
  • Lot Size2.17 Acres
Data Source:
RealComp
Property Description

This well-established family owned and operated business has been a gem in the community since 1965. Great opportunity for someone to continue the same use or make it your own dream business. Currently a restaurant open to the public on one side and the other side of the building is currently 3 banquet halls. So many possibilities here. This is SBA approved as well. We have priced this to sell. Great location close to the freeway. The price of 600,000 includes the Business and Real Estate. Seller will include the liquor license at a price of $650,000.

Price History
9/5/2023 Listed $600,000

General Features

Net Operating Income 550000.00
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Commercial Type Business And Real Estate
Zoning Commercial
Operating Expense 350000.00
Gross Scheduled Income 900000.00
Year Built 1965
Business Type Service
Property Type Commercial
Accessibility Features Accessible Entrance
Transaction Type Sale
OccupantName Deborah deGuise
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 281
MLS Area Livonia
Directions Located on 7 mile Rd between Inkster and MIddlebelt
City Livonia
Terms Offered Cash,Conventional,Warranty Deed
School District Clarenceville
Ownership Status Short Sale - No,Private Owned
Assessment 0.00
Total Sq Ft 9691
DOM 281
Taxes 19363.0000
Legal Description 01EE1A EE2A PART OF THE SE 1/4 OF SEC 1 T1S R9E BEG DUE E 959.70FT FROM S 1/4 COR SEC 1 TH N0DEG 36M 30S W 665.60FT TH ELY ALONG CEN LINE OF A DITCH APPR 174FT TH S0DEG 15M E 653.01FT TH DUE W 170.09

Interior Features

Heating Fuel Natural Gas
Lock Box Type Appointment

Exterior Features

Lot Size Area 2.17
Water Source Public (Municipal)
Frontage Feet 169
Foundation Slab
Lot Size Dimensions 169.00 x 559.30
Road Frontage Type Paved
Water Heater Fuel Natural Gas
Architecture Level 1 Story

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Prime + Property Real Estate and The Originating MLS(found above), © 2024 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 15, 2024 2:59 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Commercial Average in 48152

Price
AVG $170K
$600K
Taxes
AVG $10,979
$19,363
Visits
AVG 146
158
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1965
Walkscore
AVG 48
61
Data Provided by Walkscore® not using MLS data

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