Riverfront Liquor Store | 25110 Grand River Ave
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Riverfront Liquor Store 25110 Grand River Ave
2,000 SF Retail Building Redford, MI 48240 £710,099 (£355/SF)
Investment Highlights
- 2000 SQ/FT building with excellent visibility off of the main road.
Executive Summary
Turn-Key Operation With Great Potential
This is a great opportunity to own a turn-key liquor store in the Redford Township! The store has been there for over 30 years and has room for improvement. The current owner has multiple locations and is looking to focus on his businesses closer to his home. New owners could increase hours and marketing to improve sales. The gross sales for 2021 were $997,909 (2021 tax returns), and the lottery commissions were $63,739 (2021 tax returns). The real estate is included in the $899,999 asking price. For more information, call Nadir Jiddou at 248-220-3274.
This is a great opportunity to own a turn-key liquor store in the Redford Township! The store has been there for over 30 years and has room for improvement. The current owner has multiple locations and is looking to focus on his businesses closer to his home. New owners could increase hours and marketing to improve sales. The gross sales for 2021 were $997,909 (2021 tax returns), and the lottery commissions were $63,739 (2021 tax returns). The real estate is included in the $899,999 asking price. For more information, call Nadir Jiddou at 248-220-3274.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,000 SF
Building Class
C
Year Built
1995
Price
£710,099
Price Per SF
£355
Number of Floors
1
Building FAR
0.38
Land Acres
0.12 AC
Opportunity Zone
Yes
Zoning
C1
Frontage
21 ft on Grand River Ave
PROPERTY TAXES
| Parcel Number | 79-002-06-0014-000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £69,826 |
PROPERTY TAXES
Parcel Number
79-002-06-0014-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£69,826
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Nadir Jiddou -
Michigan Business Broker, LLC
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Riverfront Liquor Store | 25110 Grand River Ave
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