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20400 E Austin Rd 3,155 SF Retail Building Manchester, MI 48158 $766,000 ($242.79/SF)
Investment Highlights
- 3,155 SF building
- Includes all equipment & licenses – turn-key operation
- Longstanding local favorite restaurant with excellent reputation
- 1.65-acre lot with River Raisin frontage
- Well-maintained with paved parking & backup generator
- Owner retiring – rare investment opportunity
Executive Summary
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
• 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.
Property Highlights:
• Building Size: 3,155 SF
• Lot Size: 1.65 Acres with River Raisin frontage
• 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,155 SF
Building Class
C
Year Built/Renovated
1950/2003
Price
$766,000
Price Per SF
$242.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.65 AC
Zoning
CC COMM - CC COMM (Community Commercial Central District)
Parking
30 Spaces (9.51 Spaces per 1,000 SF Leased)
Frontage
159’ on Austin Rd
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-01-400-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $189,200 |
Property Taxes
Parcel Number
16-01-400-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$189,200
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