For Sale
$495,000

5151 Anthony Wayne Dr Detroit, MI 48202

Profitable Detroit eatery, Wayne State proximity.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional turnkey restaurant opportunity presents a thriving Leo's Coney Island franchise located on a prominent site near Wayne State University's campus in Detroit, Michigan. Built in 2020, the 3,500 square foot space boasts a complete, modern buildout and equipment, eliminating the need for significant upfront capital investment. The asking price is $495,000, translating to $141.43 per square foot. Monthly rent, inclusive of utilities, is $9,500, offering predictable operating expenses. The property enjoys a highly convenient location with ample parking, ensuring easy accessibility for customers. Its strategic position near the bustling Wayne State University campus guarantees a consistent flow of students, faculty, and staff. This sale is for the business only

Highlights

  • Turnkey Leo's Coney Island franchise in Detroit, MI.
  • 3,500 square foot space, built in 2020 with modern buildout and equipment.
  • Asking price: $495,000 ($141.43/SF).
  • $9,500 monthly rent (includes utilities).
  • Excellent location near Wayne State University with ample parking.

Property Details for 5151 Anthony Wayne Dr

Property type
Retail properties, Restaurants
Square Feet
3,500 SF
Year Built
2020

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.356153799898
Longitude
-83.072294048801

Nearby Similar for Sale

  • For Sale
    $260,000

    Northend Retail Building - $260K

    Prime Detroit location, 1,258 SF, vacant, renovated.

    2930 Grand Blvd
    Detroit, MI
    View Details
  • For Sale Call for price

    Detroit Bar/Restaurant Space for Lease

    Prime Detroit location, fully renovated, 6,992 SF

    7400 Mcnichols Rd
    Detroit, MI
    View Details
  • For Sale
    $950,000

    SW Detroit Multi-Use Property

    Two buildings, ample parking, updated.

    6735 Vernor Hwy
    Detroit, MI
    View Details
  • For Sale
    $190,000

    Detroit BBQ Restaurant & Apartment

    Iconic Detroit eatery, established 1958.

    3845 Warren Ave
    Detroit, MI
    View Details
  • For Sale
    Off market

    Michigan Ave Corner Retail Space

    High-visibility Detroit storefront, 3106 sq ft.

    9506 Michigan Ave
    Detroit, MI
    View Details
  • For Sale
    $3,510,000

    Detroit Mixed-Use Investment Opportunity

    Historic Detroit building, 17,901 SF, 100% occupied.

    450 Fort St
    Detroit, MI
    View Details

FAQs

What type of property is this?
Retail property - Profitable Detroit eatery, Wayne State proximity.
Where is the retail property located?
The property is located at 5151 Anthony Wayne Dr Detroit, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Turnkey Leo's Coney Island franchise in Detroit, MI.; 3,500 square foot space, built in 2020 with modern buildout and equipment.; Asking price: $495,000 ($141.43/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Leo Gonzalez
Visit Broker Website

Learn more

Useful Information

Request information

Anthony Wayne Dr
Detroit, MI 48202

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Anthony Wayne Dr
Detroit, MI 48202

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5151 Anthony Wayne Dr
  • Leo Gonzalez
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.