1090 Rochester Rd - Restaurant FOR SALE


Troy, MI 48083
$1,200,000 USD
248-923-4334
1090 Rochester Rd, Troy, MI for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/104
null | Request Cap Rate

1090 Rochester Rd
Troy, MI 48083


HIGHLIGHTS

  • Features a fully remodeled bar and restaurant with a commercial kitchen, walk-in coolers, Keg Cooler and a full sit-down bar.
  • Includes a private party venue, fenced outdoor patio, and approximately 2,000 square feet of basement storage.
  • Offers parking for 87 vehicles and a security system with cameras for added safety with 4 lots total and extra expansion outdoor space.
  • Located along busy Rochester Road with nearly 300 feet of street frontage, ensuring strong visibility.
  • Approved for multiple uses by the city, with redevelopment opportunities including potential multifamily development over 100 units.
  • Sale includes all fixtures, improvements, creating a turnkey opportunity with significant upside potential. Class C Liquor License = add +$150,000

OVERVIEW

This property presents an outstanding opportunity to revive a fully remodeled bar, restaurant, and private party venue with significant upside potential. The building includes a full sit-down bar, commercial kitchen, walk-in coolers, fenced patio area, approximately 2,000 square feet of basement storage, security system with cameras, and parking for 87 vehicles. All fixtures, improvements, and liquor license are included in the sale. Situated on busy Rochester Road with nearly 300 feet of frontage, the site also offers exceptional redevelopment potential. The property has been approved by the city for multiple uses; please contact for additional information regarding approved uses and redevelopment possibilities. The property previously generated substantial lottery revenue, with Norm’s Field of Dreams Lottery reportedly producing nearly $300,000 annually at its peak before the original owners acquired the property and never reopened it. The site was also originally planned for a 100+ unit multifamily development, creating a rare opportunity for an investor, developer, or operator seeking a high-visibility location with multiple paths for value creation.Class C Liquor License available with Sale for additional $150,000. LAND CONTRACT AVAILABLE. ALL TERMS ARE NEGOTIABLE. Contact David Elwood Executive Director Epique Realty & Epique CRE Commercial & Business Broker Divisions 248-923-4334 David@Elwood.Biz https://JoinEpiqueCRE.com

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

IB

APN/PARCEL ID

20-34-276-003,20-34-276-004,20-34-276-017,20-34-276-018

ASK ABOUT THIS PROPERTY

David ElwoodEpique Realty & Epique CRE - Elwood.BizMore Info
248-923-4334

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David ElwoodEpique Realty & Epique CRE - Elwood.BizMore Info
248-923-4334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.