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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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36923 Ryan Rd , Sterling Heights, MI 48310
$139,999
Est. Payment: $311.11/mo
0 Bed
0 Bath
1500 Sqft
Status: Active | Days on site: 38
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338645 - 432091
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House Description

**Turnkey Restaurant Opportunity in Sterling Heights**This is a well-established and busy restaurant in the Sterling Heights area, with strong weekend and takeout business. The restaurant has been recently updated and is exceptionally clean, featuring a high-end menu with very reasonable and competitive pricing.The owner has other business interests and is ready to transition the restaurant to a new owner. The seller is willing to provide training and guidance to help the new owner learn the day-to-day operations, management, and food preparation.The existing build-out is a major asset. Recreating a similar restaurant from the ground up could cost approximately $400,000, providing a new owner with the opportunity to take advantage of the existing high-quality improvements while potentially rebranding the space and making it their own concept.Great opportunity for an owner-operator, experienced restaurateur, or entrepreneur looking to establish their own restaurant brand in a busy Sterling Heights location.

Highlights

Listed by Jonathan Farida , 248-225-5994 Community Choice Realty Inc , 248-729-0011.

Property Type

Commercial Sale

Year Built

1985

County

Macomb

Neighborhood

Sterling Heights City

School District

Rochester

Listing ID

20261063187

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$311
Taxes
$89

Home Price

$139,999

Loan Details

30 yrs
%

Down Payment

20%
$28,000
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Monthly Price:
$311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $311.11 $89.25 $0.00 $400.36
Yearly $3,733.31 $1,070.99 $0.00 $4,804.30
Total $111,999.20 $32,129.77 $0.00 $144,128.97

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Sterling Heights, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.