3116 E 9 Mile Road, Warren, MI 48091

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List Price
$80,000
Price Change
▼ $40,000 1784443395
Days on Market
132
MLS#
26022671
Status
ACTIVE
Type
Commercial
Bathrooms
1
Full-baths
1

Property Description

Turnkey Smoke Shop convenient store w Beer and wing business for sale on busy 9 Mile Rd in Warren with strong traffic and excellent growth potential. Current owner has successfully operated the business for the past 4 years. Business only for sale -- building is leased. Current rent is $3,200/month. The store generates approximately $30K/month during winter months and $40K-$45K/month during summer months. Sales temporarily declined due to the nearby mobile home community being redeveloped, with new units currently under construction and expected to significantly increase customer traffic once completed. Additional revenue includes strong lottery sales averaging approximately $5K-$10K weekly, with annual lottery sales between $400K-$500K. Major upside potential for a new owner: Existing kitchen area is already in place and ready for activation Opportunity to add liquor license and expand revenue substantially Significant room for operational and inventory g

Additional Information

Taxes
$9,616
Heating
Forced Air, Hot Water
Roofing
Rubber
School District
Warren
Tenant Pays
Insurance, Electricity, Janitorial Service, Prop Taxes/Assess, Trash Collection, Common Area Maintenance, Gas, Management, Sewer, Water
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

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Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Victor Shauni from Listing Office: eXp Realty, LLC.

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