20400 E Austin Rd - Restaurant FOR SALE


Manchester, MI 48158
$766,000 USD
734-926-0222
20400 E Austin Rd, Manchester, MI for Sale
$766,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

NEW


20400 E Austin Rd
Manchester, MI 48158


HIGHLIGHTS

  • 3,155 SF building, rebuilt & expanded in 2020
  • 1.65-acre lot with River Raisin frontage
  • Includes all equipment & licenses – turn-key operation
  • Well-maintained with paved parking & backup generator
  • Longstanding local favorite restaurant with excellent reputation
  • Owner retiring – rare investment opportunity

OVERVIEW

Well-established and impeccably maintained restaurant situated on the southeast edge of Manchester city limits at the busy intersection of M-52 and Austin Road. This 3,155 SF building was rebuilt and expanded in 2003 and sits on 1.65 acres bordering the River Raisin. A rare opportunity to acquire a turn-key restaurant with an excellent reputation and loyal customer base. Property Highlights: • Building Size: 3,155 SF • Lot Size: 1.65 Acres with River Raisin frontage • Year Rebuilt/Expanded: 2020 • All Equipment & Licenses Included Features & Amenities: • Well-maintained paved parking lot • Full back-up generator for uninterrupted operations • Walk-in cooler and freezer in kitchen • City sewer with well water supply • Natural gas utility service • MEC fiber optic internet connection Offering: The current owner, after years of successfully operating this well-run and spotless restaurant, is ready to retire. This sale presents an excellent opportunity for a new owner/operator or investor to step into a thriving business with a proven track record. Confidentiality Notice: Showings are by appointment only. Buyers must sign a confidentiality agreement. Do not approach staff. Contact broker for details.

FOR SALE DETAILS

PRICE

$766,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

CC COMM

APN/PARCEL ID

16-01-400-005

ASK ABOUT THIS PROPERTY

Jeff EvansSwisher CommercialMore Info
734-926-0222

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Jeff EvansSwisher CommercialMore Info
734-926-0222

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