Price Reduction
Address
22000 W 7 Mile Road Detroit, MI
Price
$ 118,900
Property Attributes
  • MLS#214070028
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet - 6 To 8 - Grnfld To Limits
  • Zip48219
  • StyleFISH AND CHICKEN RESTURANT
  • Year Built1979
  • Taxes820
  • Price$ 118,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1000
Listing Provided Courtesy Of:
RE/MAX Vision
Property Description

MANHATTAN FISH AND CHICKEN. THIS IS A VERY FAMOUS NAME BRAND BUT DOES NOT PAY ANY LOYALTY TO ANYONE. SERVICE SALAD, SANDWICHES, SOUP, HAMBURGER, BEVERAGE & OTHER DELI FOOD PLUS SELL FEW ITEMS OF GROCERIES. RESTAURANT ACCEPT FOOD STAMP & ALWAYS BUSY. HOURS 11-11 SUNDAY: 12-9. SELLER WILLING TO TEACH NEW BUYER HOW TO OPERATED THIS PLACE IN 3 WEEK (THIS SHOULD BE MORE THAN ENOUGH TO BECOME AN OPERATOR OF THIS TYPE OF FOOD STORE). 1000 SQFT AND LEASE IS ONLY $1400/MONTH. THE RESTAURANT HAVE SIX EMPLOYEES BUT A FAMILY THAT WORK TOGETHER CAN CUT THAT AND MAKE MORE PROFIT..GREAT, CLEAN AND NEWER STRIP CENTER NEXT TO A LIQUOR STORE AND SOME OTHER SHOPS. VERY BUSY CORNER. VERY SAFE AND MANY HOMES IN AREA & NEAR TWO SCHOOLS. MAKE PROFIT FROM DAY ONE AND NOTHING CAN GO WRONG IN HERE (TRY IT BEFORE BUYING IT TO MAKE SURE THE NUMBER ARE TRUE). **SELLER IS VERY MOTIVATED**

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/12/2014 Listed $128,900
10/22/2014 8% - $118,900

General Features

Business Type Retail, Service
Commercial Type Business Opportunity
Current Use FISH AND CHICKEN RESTURANT
Deposit Amount 80000.00
Gross Scheduled Income 400000.00
Net Operating Income 85000.00
Operating Expense 95000.00
Originating MLS Realcomp II Ltd
Parcel Number BUSINESS ONLY
Possession AT CLOSI
Property Type Commercial
School District Detroit
Short Sale No
Status Active
Terms Offered Cash, Conventional, Land Contract
Transaction Type Sale
Year Remodeled 2012
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Construction Materials Brick
Foundation Details Slab
Foundation Materials Poured
Frontage Feet 40
Lot Size Dimensions 40X120
Sewer Sewer-Sanitary
Water Source Municipal Water

Amenities

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



IDX provided courtesy of Realcomp II Ltd., via and The Originating MLS(found above), © 2018 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 April 22, 2018 5:35 AM. 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 Zip Code Average in 48219

Price
AVG $270K
$120K
Taxes
AVG $3,179
$820
Visits
AVG 2
1
Year Built
AVG 1959
1979

Areas We Cover