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
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611 S Morenci Ave
Mio, MI 48647


HIGHLIGHTS

  • Highly visible location along State Highway M-33 in Mio, attracting steady traffic.
  • Accessible property featuring a parking lot and ramp for easy entry.
  • Turn-key diner business with strong, positive profit performance and established operations.

OVERVIEW

Offered for sale: ''Ellie's 12 Tables,'' an owner-operated diner currently serving daily breakfast and lunch specials from 7 a.m. to 2 p.m. This local staple has a fantastic, loyal customer base, and it is not uncommon to see lines forming out the door. The sale is turn-key, showing a strong, positive profit, including, but not limited to, all furniture, fixtures, equipment, tables, chairs, decor, coolers, fryers, freezers, fire suppression, grills, cookware, kitchen utensils, and ventilation systems. This is the first business seen when entering town with prime visibility on high-traffic State Highway M-33 (aka Morenci Ave). ***All information herein is deemed accurate but is not warranted.***

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

-

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.