25853 5 Mile Rd
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25853 5 Mile Rd
3,827 SF Retail Building Redford, MI 48239 $2,764,066 CAD ($722 CAD/SF)
Investment Highlights
- 3,827 SF free-standing restaurant/bar with real estate.
- Prominent street frontage for increased foot traffic.
- Surrounded by national tenants including Subway, Family Dollar, and Little Caesars.
- Liquor license with outdoor and Sunday permit.
- Updated and fully operational.
- Covered patio/outdoor seating area.
Executive Summary
Presenting an exceptional opportunity to acquire a beloved cornerstone of Downtown Redford: Sandy's on the Beech. For the first time in 35 years, this iconic restaurant is available for purchase, including the business, real estate, liquor license, equipment, and inventory. With a proven track record of success, the current owners are ready to pass the torch. Qualified buyers will have access to comprehensive sales, expense records, and tax returns.
Recent capital improvements enhance the value of this investment, featuring a new rooftop AC unit installed in 2024 and a roof replacement along with additional AC updates completed in 2010. Don’t miss your chance to step into a thriving restaurant with deep community roots!
Recent capital improvements enhance the value of this investment, featuring a new rooftop AC unit installed in 2024 and a roof replacement along with additional AC updates completed in 2010. Don’t miss your chance to step into a thriving restaurant with deep community roots!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,827 SF
Building Class
C
Year Built/Renovated
1954/2010
Price
$2,764,066 CAD
Price Per SF
$722 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.08
Land Acres
0.08 AC
Zoning
C-2
Parking
23 Spaces (6.01 Spaces per 1,000 SF Leased)
Frontage
63 ft on Five Mile Road
Amenities
- Bus Line
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Walk Score ®
Very Walkable (77)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $0 CAD | Total Assessment | $142,738 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$142,738 CAD
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25853 5 Mile Rd
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