3116 E 9 Mile Road, Warren, MI 48091

$80,000
2,030
SqFt

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List Price
$80,000
Status
ACTIVE
MLS#
70532364
Days on Market
118
Year Built
2000
Price Change
▼ $40,000 1784445072
Acres
0.38
Living Area
2,030
Municipality
Warren
Region
Warren
Township
Warren

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

Lot Dimensions
88.00 x 188.50
Heating
Forced Air, Hot Water
Sewer
Storm

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Calculator source: Real Geeks

Listing Courtesy of eXp Realty, LLC, Office Phone: 888-501-7085

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.