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5845 Merriman Road Romulus, Michigan RESTAURANT FOR SALE 1111 W. Oakley Park Road Suite 220 Commerce, Michigan 48390 (248) 359-9000 – Detroit Office (616) 241-2200 – Grand Rapids Office www.insitecommercial.com
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RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

Oct 02, 2020

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Page 1: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

5845 Merriman Road

Romulus, Michigan

RESTAURANT

FOR SALE

1111 W. Oakley Park RoadSuite 220

Commerce, Michigan 48390(248) 359-9000 – Detroit Office

(616) 241-2200 – Grand Rapids Office

www.insitecommercial.com

Page 2: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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TABLE OF CONTENTS

Information contained herein was obtained from sources deemed to be reliable but is not guaranteed. Subject to prior sale, change of price or withdrawal.

RESTAURANT

FOR SALE5845 Merriman Road

Romulus, MI 48174

DISCLAIMER/ DISCLOSURE STATEMENT page 1

SUMMARY page 2

PHOTOGRAPHS pages 3-5

AERIAL page 6

AREA MAPS page 7

DEMOGRAPHICS pages 8-10

TRAFFIC COUNTS page 11

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Page 3: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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DISCLAIMER/DISCLOSURE

Information contained herein was obtained from sources deemed to be reliable but is not guaranteed. Subject to prior sale, change of price or withdrawal.

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Information contained herein was obtained from sources deemed to be reliable, but is

not guaranteed. Any prospective purchaser/investor/tenant contemplating, under

contract or in escrow for a transaction is urged to verify all information and to conduct

their own inspections, investigations and due diligence through appropriate third

party independent professionals selected by such prospective

purchaser/investor/tenant.

All financial data should be verified by the prospective purchaser/investor/tenant

including obtaining and reading applicable documents and reports and consulting

appropriate independent professionals. Insite Commercial makes no warranties

and/or representations regarding the veracity, completeness, or relevance of any

financial data or assumptions. Insite Commercial does not serve as a financial advisor

to any party regarding any proposed transaction. All data and assumptions regarding

financial performance, including that used for financial modeling purposes, may differ

from actual data or performance. Any estimates of market rents and/or projected

rents that may be provided to a party do not necessarily mean that rents can be

established at or increased to that level. Parties must evaluate any applicable

contractual and governmental limitations, as well as market conditions, vacancy

factors and other issues in order to determine rents from or for the property.

Legal questions from the prospective purchaser/investor/tenant should be discussed

with an attorney. Tax questions from the prospective purchaser/investor/tenant

should be discussed with a certified public accountant or tax attorney. Title questions

from the prospective purchaser/investor/tenant should be discussed with a title

officer or attorney. Questions from the prospective purchaser/investor/tenant

regarding the condition of the property and whether the property complies with

applicable governmental requirements should be discussed with appropriate

engineers, architects, contractors, other consultants and governmental agencies. All

properties and services are marketed by Insite Commercial in compliance with all

applicable fair housing and equal opportunity laws.

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Page 4: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

For Information Contact:

KYLE NELSON

248-359-9000 1

Location: 5845 Merriman Road

Romulus, Michigan 48174

Total Building Size: 6,416 SF

Lot Size: 1.00 acres

Parcel I.D. #: 80-006-99-0017-003

Sale Price: $399,000

Zoning: C-2 General Business

Property Tax: +/- $15,380.36 Annually

Demographics in Population: 194,314 people

5 Mile Radius: Households: 80,308 homes

Avg. HH Income: $62,908 USD

Traffic Counts: 19,000 VPD (Merriman)

18,000 VPD (Van Born)

Comments: Move-in ready restaurant opportunity with Liquor License included in the sale!

Located on the SEQ of Merriman and Van Born, this restaurant is just north of I-94 and Metro Airport, in an area with constant traffic and surrounding neighborhoods and businesses. Restaurant has a full-bar, large kitchen, ample seating, and room for a dance floor/entertainment.

PROPERTY SUMMARY

Information contained herein was obtained from sources deemed to be reliable but is not guaranteed. Subject to prior sale, change of price or withdrawal.

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Page 5: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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PHOTOGRAPHS 3O

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Page 6: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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PHOTOGRAPHS 4O

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Page 7: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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PHOTOGRAPHS 5O

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Page 8: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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AERIAL 6O

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Page 9: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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AREA MAPS 7

Local Map

Regional Map

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Page 10: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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DEMOGRAPHICS 8O

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Page 11: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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DEMOGRAPHICS 9O

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Page 12: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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Page 13: RESTAURANT FOR SALE€¦ · For Information Contact: KYLE NELSON 248-359-9000 1 Location: 5845 Merriman Road Romulus, Michigan 48174 Total Building Size: 6,416 SF Lot Size: 1.00 acres

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TRAFFIC COUNTS 11O

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