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$1,200,000
Est. payment /mo
4,046 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,046 sqft
Price per Sqft $296
Municipality City of Troy
Subdivision City Of Troy
MLS Listing ID 20261058594
Year Built 1956
Annual Tax Amount $16,117
Lot Size 1.630 Acres
Acres 1.63
Lot Dimensions 304 X 231 X 278 X 271
Source Realcomp
Property Description
RARE OPERATOR & DEVELOPER OPPORTUNITY This fully remodeled commercial asset offers a high-visibility physical presence with nearly 300' of premium frontage along a booming commercial corridor. Perfect for immediate hospitality operations or lucrative high-density redevelopment.TURN-KEY INFRASTRUCTURE & ASSETS INCLUDED:Fully remodeled restaurant, bar, & private party venue with fenced patio.Full sit-down bar, commercial kitchen, walk-in coolers, & security system.Massive parking lot for 87 vehicles + 2,000 sq ft basement storage.INCLUDED WITH SALE : All interior fixtures, improvements. ASSOCIATED LIQUOR LICENSE: Class C liquor license available with Sale for additional $150,000 added to price.PROVEN HISTORIC REVENUE & TRAFFIC BUILT IN:Historically generated nearly $300k annually in pure lottery revenue alone.Massive daytime traffic driven by major nearby employers like Flex-N-Gate, Restaurant Depot, and Big Beaver business hubs.High residential support from surrounding neighborhoods & Rochester Commons Condos.Unbeatable regional access via minutes-away I-75 freeway and E. Maple Road.MULTIPLE PATHS FOR MAXIMUM VALUE CREATION:City-approved for multiple alternative uses to maximize investor upside. Originally planned/engineered for a high-density, 100+ unit multifamily housing development.Exceptional land value for mixed-use retail, medical facility, or apartments.FLEXIBLE SELLER FINANCING ARRANGEMENTS:Highly motivated ownership group ensures a smooth transaction.LAND CONTRACT AVAILABLE with completely open, NEGOTIABLE TERMS! Bring your offer and capture exceptional regional returns today.
Location
State MI
County Oakland
Zoning Commercial,Light Industri
Direction Between Maple and 14 Mile on Est Side of Rochester Rd. Property Spans length between Elmsford St. and Rankin Dr.
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Wood Siding,Brick
Schools
School District Troy
Others
Tax ID 2034276017
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Listed by Epique Realty
Nearby School & Business
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