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Description

Rare chance to own the business entity to a fully equipped and running restaurant inside of busy office complex. This restaurant is totally set up to provide dine in (40 seats), carry out, and catering services for the 6 story building and surrounding areas. Currently operates Monday through Friday 8am - 4:30pm. Sale includes all kitchen equipment, seating, inventory and 3 hallway vending machines (1 snack, 2 drink). The hours of operation can be expanded for the evening to support the school that offers night classes until 10pm in the building. Lease is $1,250/month and includes taxes and utilities and internet is $150/month.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
www.robertesmithrealty.com/homes/107892400
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16250 Northland Drive , Ll19 Southfield, MI 48075

  • Price: $75,000
  • Status: Active
  • Updated: 58 min ago
  • ID#: 2200054994
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,015
SQFT
$25
$/SQFT
1967
Built
Neighborhood:
Southfield
County:
Oakland
Area:
Southfield
School District:
SOUTHFIELD PUBLIC SCHOOLS
Property Description
Rare chance to own the business entity to a fully equipped and running restaurant inside of busy office complex. This restaurant is totally set up to provide dine in (40 seats), carry out, and catering services for the 6 story building and surrounding areas. Currently operates Monday through Friday 8am - 4:30pm. Sale includes all kitchen equipment, seating, inventory and 3 hallway vending machines (1 snack, 2 drink). The hours of operation can be expanded for the evening to support the school that offers night classes until 10pm in the building. Lease is $1,250/month and includes taxes and utilities and internet is $150/month.
Exterior Features

Architecture Level 1 Story Construction Materials Other Foundation Details Basement Foundation Materials Poured Lot Size Dimensions Business Only Road Frontage Feet 200 Road Frontage Type Paved Waterfront YN No

Interior Features

Heating Cooling Forced Air Heating Fuel Natural Gas Office Heating Cooling Forced Air Room Count 0

Property Features

Assessment 0 Commercial Type Business Opportunity Current Use Restaurant inside Building Encroachment YN No Gross Scheduled Income 156000.00 Inventory Included YN Yes Inventory List YN Yes Land Contract YN No Listing Financing CashConventional Monthly Sales 13000 Net Operating Income 100000.00 Operating Expense 56000.00 Ownership Status Private OwnedShort Sale - No Possession At Close Postal City Southfield Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 47435.0000 Tax Amount Winter 10727.0000 Title Private - Owned Total Tax 58162.0000 Unparsed Address 16250 NORTHLAND DR LL19 Water Source Municipal Water Zoning CommercialOffice

IDX provided courtesy of Realcomp II Ltd., via Pg Real Estate Group and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
 
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Robert E Smith Realty | Hall and Hunter
442 S. Old Woodward
Birmingham MI, 48009