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Joe's French Italian Restaurant 2896 N Dixie Hwy

7,000 SF 100% Leased Flex Building Monroe, MI 48162 $569,258 CAD ($81 CAD/SF)

Investment Highlights

  • Great location along Dixie Hwy.

Executive Summary

ONE OF THE OLDEST FAMILY RESTAURANTS IN MICHIGAN! ALMOST 7,000 SQUARE FEET INCLUDING ALL KITCHEN EQUIPMENT, TABLES AND CHAIRS AND THE LIQUOR LICENSE! AT APPROX. $58 A SQUARE FOOT, THIS IS A STEAL! KEEP IT AS IS, A WHITE TABLECLOTH RESTAURANT, OR TURN IT INTO A SPORTS BAR OR BREW HOUSE. EITHER WAY, YOU WON'T FIND A BETTER DEAL. NEW ROOF IN THE LAST 2 YEARS, KITCHEN EQUIPMENT ALL IN GREAT CONDITION, FURNACE AND CENTRAL AIR ARE IN GREAT CONDITION. 4 BEDROOM APARTMENT UPSTAIRS ADDS TO THE APPEAL (THE UPSTAIRS APARTMENT NEEDS UPDATING/RENONVATION BUT WOULD BE A GREAT INCOME PRODUCER). MASSIVE AMOUNT OF PARKING SPACE. APPOINTMENT ONLY WITH ADVANCE NOTICE. DO NOT APPROACH THE STAFF OR OWNERSHIP!! LISTING AGENT MUST BE PRESENT FOR SHOWINGS. ORIGINAL STRUCTURE BUILT IN 1930 AND ADDED ON IN 1968. SEE AREA REPORT IN DOCS OR CALL TO HAVE IT EMAILED

Property Facts

Price $569,258 CAD
Price Per SF $81 CAD
Sale Type Investment or Owner User
Property Type Flex
Building Class C
Lot Size 0.88 AC
Rentable Building Area 7,000 SF
No. Stories 1
Year Built 1930

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-816-113-02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$422,637 CAD

zoning

Zoning Code NEC (Commercial)
NEC (Commercial)
  • Listing ID: 30027783

  • Date on Market: 2023-11-10

  • Last Updated:

  • Address: 2896 N Dixie Hwy, Monroe, MI 48162

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