Address
5540 Drake Road West Bloomfield Twp, MI
Price
$ 249,900
Property Attributes
  • ID#2210010338
  • TypeCommercial
  • CountyOAKLAND
  • CityWest Bloomfield Twp
  • AreaWest Bloomfield Twp
  • Zip48322
  • StyleRESTAURANT DINE IN & TAKE OUT AND CATERING
  • Price$ 249,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1800
Listing Provided Courtesy Of:
365 REALTY
Data Source:
RealComp - 83 - MI
Property Description

GREAT LOCATION WEST BLOOMFIELD RESTAURANT BUSINESS. FAMILY OWNED AND OPERATED FOR 22 YEARS. FIRST CHOICE IN FINE DINING AND SOCIAL GATHERING FOR AREA RESIDENTS, OFFERING REPRESENTS A COMPLETE, FULL-SERVICE RESTAURANT, TAKE-OUT, AND CATERING. THE DINING AREAS PRESENT EXTENSIVE FLEXIBILITY WITH A MAXIMUM OCCUPANCY OF 50 CLIENTS. SUMMER TIME OUTSIDE SEETING AVILABLE. GREAT LOCATION IN THE HEART OF WEST BLOOMFILED AND WITH-IN 2 MILES OF 4 OTHER SURONDING CITIES. 22 YEARS OF LOYAL CUSTOMER BASE. LEASE IS $2500 PER MONTH. 4 YEARS LEFT OF THE LEASE AGREEMENT.

Price History
2/17/2021 Listed $249,900

General Features

Business Type Retail, Service
Commercial Type Business Opportunity
Construction Materials Brick
Cumulative Days on Market 250
Current Use RESTAURANT DINE IN & TAKE OUT AND CATERING
Deposit Amount 125000.00
Gross Scheduled Income 0.00
Heating Central Air, Forced Air
Land Contract Yes
Listing Agent Public Id 401764
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 1829226049
Possession At Close
Property Type Commercial
School District Walled Lake
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional, Land Contract
Total Sq Ft 1800
Transaction Type Sale
Year Built 1982
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Exterior Features Private Entry
Foundation Slab
Foundation Materials Other
Frontage Feet 20
Lot Size Area 0.00
Lot Size Dimensions Business Only
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Silverstone Real Estate and The Originating MLS(found above), © 2021 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 October 24, 2021 5:35 AM UTC 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. Real estate listings held by firms other than Silverstone Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker's Firm Name

Property vs Commercial Average in 48322

Price
AVG $20K
$250K
Visits
AVG 49
49
Year Built
AVG 1984
1982
Walkscore
AVG 58
34
Data Provided by Walkscore ® not using MLS data