611 S Morenci Ave - Restaurant FOR SALE


Mio, MI 48647
$375,000 USD
989-370-1955
611 S Morenci Ave, Mio, MI for Sale
$375,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

611 S Morenci Ave
Mio, MI 48647


HIGHLIGHTS

  • Established diner with a loyal and recurring customer base.
  • Turnkey sale includes furniture, fixtures, equipment, and décor.
  • Located on high-visibility State Highway M-33 entering Mio.
  • Fully equipped kitchen with grills, fryers, coolers, and freezers.
  • Fire suppression and ventilation systems already in place.
  • Operating restaurant with established breakfast and lunch service.

OVERVIEW

Ellie's 12 Tables offers an opportunity to acquire a well-established, owner-operated restaurant with an established customer following in Mio, Michigan. Operating as a popular breakfast and lunch destination, the diner has developed a loyal customer base and consistent local patronage, making it a recognized part of the community's dining scene. Positioned along State Highway M-33, one of the primary routes serving Mio, the property benefits from prominent frontage and visibility for both local residents and travelers entering town. Its highly visible location contributes to daily customer traffic and continued market presence. Currently operating from 7:00 a.m. to 2:00 p.m., the business has demonstrated strong operating performance while presenting opportunities for future operators to build upon an established foundation. The offering is available as a turnkey acquisition and includes the furniture, fixtures, equipment, and operational assets necessary for continued business operations. Included in the sale are dining tables and chairs, décor, coolers, fryers, freezers, grills, cookware, kitchen utensils, ventilation systems, and fire suppression equipment. The comprehensive asset package allows for a seamless ownership transition and continued service with minimal interruption. With an established reputation, loyal customer base, high-visibility highway location, and fully equipped operation, Ellie's 12 Tables presents an attractive opportunity for restaurateurs, owner-operators, or investors seeking an operating hospitality business in Northern Michigan.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ellie's 12 Tables

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,555 SF

ZONING

C

APN/PARCEL ID

00650600700,00650600900

ASK ABOUT THIS PROPERTY

Michael ThomsonDetrich Real EstateMore Info
989-370-1955

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Michael ThomsonDetrich Real EstateMore Info
989-370-1955

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