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19101 Vernier Road

Harper Woods, MI 48225
  • $1,125,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: 20221062521
$1,125,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,219
    SQFT
  • $349
    $/SQFT
Type:
Commercial
Built:
1967
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
113.00 X 218.00

School Ratings & Info

School District:

Description

Amazing opportunity to own a very profitable, turn-key restaurant, catering business, and real estate that has been operating for over 12 years in Harper Woods. Rex's Diner is locally owned and maintained, as well as continually updated. All real estate, inventory, personal property, and the entire business will be included in the sale. Ideally located on Vernier Road & 8 Mile Road, a business thoroughfare just one block away from I-94. Rex's Deli is surrounded by established neighborhoods, businesses, and retail including Wayne County Community College, Harper Woods High School, Chandler Academy High School, Lowes, Home Depot, Starbucks, McDonalds, Kroger, and Walgreens. Established in 2010, this successful business that has been locally renown for providing tremendous food with an incredible staff. Locally owned and managed. The restaurant boasts a smart and open floor plan with flexible seating options. The location is highly desirable as it sits on the merge of M-102 (Vernier Rd. & 8 Mile) with a daily traffic volume of over 40,000. Additionally it features prominent signage, a large parking lot, and access off of 8 Mile and Vernier Rd. Do not miss your chance to purchase a highly profitable turn key business!

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IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-01-31T23:56:43.163.
www.nexushomesearch.com/homes/134863618
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19101 Vernier Road Harper Woods, MI 48225

  • Price: $1,125,000
  • Status: Active
  • On Site: 75 Days
  • ID#: 20221062521
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,219
SQFT
$349
$/SQFT
1967
Built
Neighborhood:
Obenauer Barber Laing Cos Lafayette Sub
County:
Wayne
Area:
Harper Woods
School District:
GROSSE POINTE
Property Description
Amazing opportunity to own a very profitable, turn-key restaurant, catering business, and real estate that has been operating for over 12 years in Harper Woods. Rex's Diner is locally owned and maintained, as well as continually updated. All real estate, inventory, personal property, and the entire business will be included in the sale. Ideally located on Vernier Road & 8 Mile Road, a business thoroughfare just one block away from I-94. Rex's Deli is surrounded by established neighborhoods, businesses, and retail including Wayne County Community College, Harper Woods High School, Chandler Academy High School, Lowes, Home Depot, Starbucks, McDonalds, Kroger, and Walgreens. Established in 2010, this successful business that has been locally renown for providing tremendous food with an incredible staff. Locally owned and managed. The restaurant boasts a smart and open floor plan with flexible seating options. The location is highly desirable as it sits on the merge of M-102 (Vernier Rd. & 8 Mile) with a daily traffic volume of over 40,000. Additionally it features prominent signage, a large parking lot, and access off of 8 Mile and Vernier Rd. Do not miss your chance to purchase a highly profitable turn key business!
Exterior Features

Architecture Level 1 Story Commercial Exterior Features Chimney CapsOutside Lighting Construction Materials Brick Foundation Details Slab Lot Size Dimensions 113.00 X 218.00 Road Frontage Feet 132 Road Frontage Type Paved Roof Material AsphaltComposition Waterfront YN No

Interior Features

Building Area Source Public Records Commercial Utilities Air Cleaner3 Phase Power440V AvailableSmoke AlarmCircuit Breakers Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 3291 Sq Ft Office 140

Property Features

Assessment 1202.00 Commercial Type Business And Real Estate Existing Lease YN No Gross Scheduled Income 650000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventionalWarranty Deed Monthly Sales 55000 Net Operating Income 325000.00 Operating Expense 325000.00 Ownership Status Short Sale - NoPrivate Owned Possession Negotiable Postal City Harper Woods Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer At Street Short Sale No Tax Amount Summer 3107.0000 Tax Amount Winter 11951.0000 Title Standard (Private) Total Tax 15058.0000 Unparsed Address 19101 Vernier Road Water Source Public (Municipal)Water At Street Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Exp Realty: (313) 473-7473 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-01-31T23:56:43.163.
 
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