110 Maple RdTroy, MI 48084

  • Commercial real estate
  • 2,593 SF
For Sale
$999,000 View listing

Property Details for 110 Maple Rd

Year built
1969
Lot size
0.81 AC
Property size (Sq ft)
2,593 SF
Zone code
B-2
Property type
Commercial real estate
APN
88-20-28-478-014
APU
882028478014

Description

This 2,593 square foot industrial building, situated on a 0.81-acre lot at 110 W Maple in Troy, MI, is offered at $999,000. The property boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility. It's an established business with a loyal customer base and positive online reviews, contributing to consistent revenue growth and strong profit margins. The diverse menu caters to a wide range of tastes, and the cozy atmosphere creates a welcoming dining experience. The property includes a fully equipped kitchen and well-maintained dining area, along with all necessary permits and licenses. Experienced staff are in place, and there's potential for expansion through catering, private events, or partnerships. This turnkey operation presents a strong investment opportunity for those seeking a profitable and established business. Financial performance data is available upon request. The building is ready for immediate operation under new ownership.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $617,298
    Hospitality
    $565,442
    Educational
    $470,441
    Medical
    $486,620
    Retail
    $731,797
110 Maple Rd, Troy, Michigan

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.549
Longitude
-83.1487
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,868
-
-
$368,550
-
-
-
$737,100

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