4531 Allen RdAllen Park, MI 48101

  • Commercial land
  • 0.11 AC
For Sale
$350,000 View listing

Property Details for 4531 Allen Rd

Lot size
0.11 AC
Zone code
C 4
Property type
Commercial land
APN
30 009 06 0227 303
APU
30009060227303

Description

This exceptional Allen Park, Michigan restaurant presents a unique owner-user investment opportunity. Located at 4531 Allen Rd, this free-standing, single-story building boasts 2,118 square feet and sits on two adjacent parcels providing ample parking. Completely renovated in 2022, the property is currently operating as a Lefty's Cheesesteaks Burgers & Wings corporate store, enjoying 100% occupancy. The asking price is $350,000 ($165.25/sq ft). The building is zoned C4 and was originally constructed in 1950. The sale price excludes the existing equipment, which is available for separate purchase at $75,000. Note that a 30-day post-closing occupancy period may be required by the seller. This prime location in Allen Park, near established businesses such as Starbucks, Chipotle, Dunkin', AT&T, Five Guys, and Qdoba, offers significant potential for continued success. The property is for sale by owner and lease terms are negotiable. This is a turnkey opportunity for a savvy investor or owner-operator seeking a thriving restaurant business in a high-traffic area.

Location Insight

City
Allen Park
County
Wayne
State
Michigan
Latitude
42.2688
Longitude
-83.1976
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
2023
$947
-
-
$14,200
-
-
-
$28,400

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