Remarks

An excellent opportunity to own a newer, trendy, beautiful restaurant in the heart of Farmington downtown. Fantastic area with good foot traffic and limited competition. Located along the busy traffic of Grand River Ave., with great visibility. Completed renovation in 2020 and bought next lot to build an expansion 1,000 SF in 2022. A unique blend of 5,294 SF of exquisite first-floor dining, 4,294 SF of second-floor with 2 units of one bedroom/1.5 bath and 1 unit of 2 bedroom/2.1 bath apartments which brings $4,600/month additional cash flow. 2950 SF of fully utilized basement for catering and storage. It operates as a cajun seafood restaurant, and the new owner can easily convert it into another food service restaurant. Price includes real estate, all equipment, and business. Business only for $400,000. All information is deemed reliable but not guaranteed.

Details

MLS#: 20250016230
Price: $3,000,000

Style: Apartments,Business And Real Estate
Sq Ft: 9588
Year Built: 2009

County: Oakland
Subdivision: ASSR'S PLAT NO 2 - CITY OF FARMINGTON
Lot Size: 0.77
Tax Fee: 34767.0

School District: Farmington