Address
16250 Northland Dr Southfield, MI
Price
$ 50,000
Property Attributes
  • MLS#40078946
  • TypeCommercial
  • CountyOAKLAND
  • CitySouthfield
  • AreaSouthfield
  • NeighborhoodSouthfield
  • Zip48075
  • StyleCommercial/Industrial
  • Year Built1967
  • Taxes58162
  • Price$ 50,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3015
Listing Provided Courtesy Of:
PG Real Estate Group
Property Description

Rare chance to own the business entity to a fully equipped and running restaurant inside of busy office complex. This restaurant is totally set up to provide dine in (40 seats), carry out, and catering services for the 6 story building and surrounding areas. Currently operates Monday through Friday 8am - 4:30pm. Sale includes all kitchen equipment, seating, inventory and 3 hallway vending machines (1 snack, 2 drink). The hours of operation can be expanded for the evening to support the school that offers night classes until 10pm in the building. Lease is $1,250/month and includes taxes and utilities and internet is $150/month.

Price History
7/16/2020 Listed $100,000
7/29/2020 10% - $90,000
11/3/2020 12% - $80,000
12/3/2020 38% - $50,000

General Features

Class COM/IND/BUS OPP
Directions Greenfield S to 8 mile rd. Left 8 Mile, right Northland Dr, First Building on Left. Restaurant Located lower level suite LL19
Financial Terms Cash, Conventional
Heating Forced Air
Legal Description Business Only - SAKIS GRILL (Restaurant)
Listing Area Southfield (63244)
Municipality Southfield
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1967
Zoning Commercial, Professional Office

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Inventory
Exterior Other
Foundation Type Basement
Frontage 200
Lot Dimensions Business Only
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48075

Price
AVG $260K
$50K
Taxes
AVG $21,727
$58,162
Visits
AVG 11
30
Year Built
AVG 1966
1967
Walkscore
AVG 46
42
Data Provided by Walkscore ® not using MLS data