41275 Ford RdCanton, MI 48187

Property Details for 41275 Ford Rd

Year built

1975

Lot size

1.36 AC

Property size (Sq ft)

3,600 SF

Zone code

C-4

Property type

Turn key restaurants

APN

71 050 99 0011 002

APU

71050990011002

Description

This exceptional 3,600 square foot restaurant space, situated on a 0.68-acre lot in Canton, MI, presents a unique investment or lease opportunity. Built in 1975, the single-story building features ample parking and high visibility, ensuring convenient access and strong brand recognition. The C-4 zoning allows for a variety of uses, making it ideal for a diverse range of culinary concepts. The property's location within the vibrant Canton community offers easy access to major transportation routes and a thriving consumer base. Nearby attractions include the Canton Marketplace, IKEA, Top Golf, Portillo's, Chick-fil-A, and Heritage Park, providing a strong draw for potential customers. The well-maintained exterior and spacious interior offer a blank canvas for customization, allowing for the creation of a truly unique and memorable dining experience. This property is ready for immediate occupancy and presents an exceptional opportunity to establish or expand a successful restaurant business in a prime location. The property includes one building with no elevators. The APN is 71 050 99 0011 002.

• CAP approach

  CAP return

  Valuation

  6%

  $905,927

  6.5%

  $836,240

  7%

  $776,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $848,595

  Geo Method

  $848,595

• Alternative Use

  Use

  Valuation

  Residential

  $705,400

  Hospitality

  $646,142

  Educational

  $537,583

  Medical

  $556,071

  Retail

  $836,240

Location Insight

City

Canton

County

Wayne

State

Michigan

Latitude

42.3225

Longitude

-83.4478

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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