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Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $111
Municipality Madison Heights
Subdivision Madison Heights
MLS Listing ID 20240085596
Sold Date 06/03/25
Year Built 1968
Annual Tax Amount $11,546
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 95.00 x 216.70
Source Realcomp
Property Description
DOBI Real Estate is pleased to present this well-established Mexican restaurant in Madison Heights a prime commercial real estate opportunity. The restaurant boasts a 125-seat capacity, a fully-equipped bar, and liquor licenses. Situated on a high-visibility lot, the property offers 95 feet of road frontage by 216-foot deep lot, the lot providing ample parking for roughly 75 vehicles. This strategic location, 13 Mile Road and Dequindre Road, ensures exposure and easy accessibility with a traffic volume of 30,000 cars per day. DO NOT APPROACH EMPLOYEES; BUYERS AGENT TO VERIFY ALL INFORMATION, financials are available with a signed NDA. OVEN TOOLS, CAMERA SYSTEM, AND FURNITURE EXCLUDED FROM SALE but is negotiable.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Commercial
Direction WEST SIDE OF DEQUINDRE / NORTH OF 13 MILE RD
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Schools
School District Lamphere
Others
Tax ID 2501476011
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Crystal Hallack
Team Leader | License ID: 6501381439
Team Leader License ID: 6501381439