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    5540 Drake Road

    West Bloomfield Twp, MI 48322
    • $249,900
    • STATUS: Active
    • ON SITE: 221 days
    • ID#: 2210010338
    UPDATED: 73 min ago
    $249,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $139
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    County:
    Zoning:
    Commercial
    Lot Size Dimensions:
    Business Only

    School Ratings & Info

    School District:

    Description

    GREAT LOCATION WEST BLOOMFIELD RESTAURANT BUSINESS. FAMILY OWNED AND OPERATED FOR 22 YEARS. FIRST CHOICE IN FINE DINING AND SOCIAL GATHERING FOR AREA RESIDENTS, OFFERING REPRESENTS A COMPLETE, FULL-SERVICE RESTAURANT, TAKE-OUT, AND CATERING. THE DINING AREAS PRESENT EXTENSIVE FLEXIBILITY WITH A MAXIMUM OCCUPANCY OF 50 CLIENTS. SUMMER TIME OUTSIDE SEETING AVILABLE. GREAT LOCATION IN THE HEART OF WEST BLOOMFILED AND WITH-IN 2 MILES OF 4 OTHER SURONDING CITIES. 22 YEARS OF LOYAL CUSTOMER BASE. LEASE IS $2500 PER MONTH. 4 YEARS LEFT OF THE LEASE AGREEMENT.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-27T19:58:44.687.
    www.dannovakproperties.com/homes/114296041
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    5540 Drake Road West Bloomfield Twp, MI 48322

    • Price: $249,900
    • Status: Active
    • Updated: 73 min ago
    • ID#: 2210010338
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,800
    SQFT
    $139
    $/SQFT
    1982
    Built
    Neighborhood:
    West Bloomfield Twp
    County:
    Oakland
    Area:
    West Bloomfield Twp
    School District:
    WALLED LAKE
    Property Description
    GREAT LOCATION WEST BLOOMFIELD RESTAURANT BUSINESS. FAMILY OWNED AND OPERATED FOR 22 YEARS. FIRST CHOICE IN FINE DINING AND SOCIAL GATHERING FOR AREA RESIDENTS, OFFERING REPRESENTS A COMPLETE, FULL-SERVICE RESTAURANT, TAKE-OUT, AND CATERING. THE DINING AREAS PRESENT EXTENSIVE FLEXIBILITY WITH A MAXIMUM OCCUPANCY OF 50 CLIENTS. SUMMER TIME OUTSIDE SEETING AVILABLE. GREAT LOCATION IN THE HEART OF WEST BLOOMFILED AND WITH-IN 2 MILES OF 4 OTHER SURONDING CITIES. 22 YEARS OF LOYAL CUSTOMER BASE. LEASE IS $2500 PER MONTH. 4 YEARS LEFT OF THE LEASE AGREEMENT.
    Exterior Features

    Architecture Level 1 Story Construction Materials Brick Exterior Features Private Entry Foundation Details Slab Foundation Materials Other Lot Size Dimensions Business Only Road Frontage Feet 20 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Commercial Utilities 220V AvailableCable Tv Heating Cooling Central AirForced Air Heating Fuel Natural Gas Office Heating Cooling Central AirForced Air Room Count 0

    Property Features

    Assessment 0 Business Type RetailService Commercial Type Business Opportunity Current Use Restaurant Dine In & Take Out And Catering Deposit Amount 125000.00 Encroachment YN No Gross Scheduled Income 0.00 Inventory Included YN No Inventory List YN No Land Contract YN Yes Land Interest Rate 7 Land Payment 2475 Land Terms 60 Legal Rental Certified YN Yes Listing Financing CashConventionalLand Contract Monthly Sales 35000 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Private OwnedShort Sale - No Possession At Close Postal City West Bloomfield Protection Period 180 Restrictions YN No Settlement Township Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Private - Owned Total Tax 0.0000 Unparsed Address 5540 DRAKE RD Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via 365 REALTY and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-27T19:58:44.687.
     
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    Novak & Associates | Real Estate One
    8685 W Grand River Ave
    Brighton MI, 48116