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Ellie's 12 Tables 611 S Morenci Ave 1,716 SF Retail Building Mio, MI 48647 $375,000 ($218.53/SF)
Investment Highlights
- Highly visible location along State Highway M-33 in Mio, attracting steady traffic.
- Turn-key diner business with strong, positive profit performance and established operations.
- Accessible property featuring a parking lot and ramp for easy entry.
Executive Summary
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.***
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,716 SF
Building Class
C
Year Built
1970
Price
$375,000
Price Per SF
$218.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.29 AC
Opportunity Zone
Yes
Amenities
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 00650600900 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,700 |
Property Taxes
Parcel Number
00650600900
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,700
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Presented by
Detrich Real Estate
Ellie's 12 Tables | 611 S Morenci Ave
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