2747 Jefferson AveTrenton, MI 48183

Property Details for 2747 Jefferson Ave

Year built

1957

Lot size

0.14 AC

Property size (Sq ft)

3,150 SF

Zone code

CBD

Property type

Turn key restaurants

APN

54 014 03 0375 000

APU

54014030375000

Description

This turnkey restaurant opportunity in Trenton, Michigan presents a unique investment prospect. The property, located at 2747 W Jefferson Ave, encompasses a substantial 3,150 square feet of space within a 16,552 square foot lot, zoned for Central Business District (CBD) use. Built in 1957, the main building underwent significant renovations in 2015, including a new roof. All kitchen equipment and dining items are included in the asking price of $995,000, representing a price per square foot of $315.87. The sale includes both 2747 West Jefferson and 2769 West Jefferson Avenues, offering flexibility. The property can be purchased as a single multi-tenant building or split into two separate units: a 3,150 square foot space (2747 W Jefferson Ave) and a 1,540 square foot space (2769 W Jefferson Ave). The addition (2769 W Jefferson Ave) was constructed in 2015. This prime location in Wayne County, Michigan (zip code 48183) offers high visibility and potential for significant returns. The property's established history and included equipment make it an ideal opportunity for immediate operation or further development. This is a rare chance to acquire a well-maintained, fully-equipped restaurant in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $833,027

  6.5%

  $768,948

  7%

  $714,023

• Comparable approach

  Method

  Valuation

  Relative Method

  $742,520

  Geo Method

  $742,520

• Alternative Use

  Use

  Valuation

  Residential

  $648,636

  Hospitality

  $594,147

  Educational

  $494,323

  Medical

  $511,324

  Retail

  $768,948

Location Insight

City

Trenton

County

Wayne

State

Michigan

Latitude

42.1413

Longitude

-83.1774

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].