1540 W Maumee Street, Adrian, MI 49221

$1,595,000
Property Type: Commercial Sale Square Footage: 1,546 Lot Size (sq. ft.): 24,394 Status: Sold
Current Price: $1,800,000 List Date: 11/03/2023 Last Modified: 7/04/2024

Overview

Description

Little Caesars Pizza Franchise in Adrian, Michigan includes all real-estate, personal property, inventory, equipment and Adrian Little Caesars franchise business. Sales Are Up! 11% from 2022 and should come in at $1,900,000 by year end. Join one of the fastest growing ''Best Value in America'' pizza brands, with over 4,000 locations. National advertising has made this brand a household name. Easy to operate business has a well-trained manager and over two dozen employees in place. Same family has owned for over 40 years and are looking to retire. The sales and margin of this store continues to improve every year, this is a priceless opportunity. This Little Caesars Restaurant is the only one in a 20 mile radius.

Supplements: The store is up up date with all Little Caesar's best equipment specs; which are some of the best in the industry. Systems support "HOT N READY" takeout, DRIVE THRU as well as in store hotbox auto pickup and complete Doordash delivery system. The phone app ordering system is fast, efficient and one of the countries best. So many benefits to acquiri ...

Listing Details MLS# 23140997

Location Property Info

County
Lenawee
Street #
1540
Street Direction
W
Street Name
Maumee
Suffix
Street
State
MI
Zip Code
49221
Zip (4)
1806

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.56
Lot Square Footage
24394
Lot Dimensions
169x79x8x15x40x65x143x159
Year Built
2010
Road Frontage
306
Mineral Rights
Unknown
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
1546
Property Use Type
Business
Full Baths
Yes
Waterfront
No
School District
Adrian

Tax Info

Tax ID #
XA0-133-4300-01
Taxable Value
180372
SEV
198900
For Tax Year
2022
Seller's Annual Property Tax
11375
Tax Year
2022
Spec Assessment & Type
UNKNOWN
Homestead %
0

Remarks Misc

Directions
US 223 to Maumee

Status Change Info

Under Contract Date
2024-05-17
Sold Date
2024-07-02
Sold Price/SqFt
1031.69

More Information

Additional Details

Total Parking Spaces
14

Business Opportunity

Business Description
Pizza
Business Name
Little Caesars
Equip Value ($)
282534

Location & Property Info

Cross Streets
Maple
Property Sub-Type
Business Opportunity
Area
Lenawee County - Y
Municipality
Adrian City
Principal Road
Yes

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
1164.29
Prop Avail for Lease?
No
Current Bldg Use
Little Caesars Pizza

Remarks & Misc

Legal
ALL THAT PART OF E 1/2 OF SE 1/4 SEC 33 T6S-R3E COM S 88 DEG 58'55''W 480.94 FT ALG E & W 1/4 LI FROM THE E 1/4 COR SEC

Street Type

Paved
Yes
Public
Yes

SqFt Information

Security System
Yes

Property Use

Business
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Restaurant
Yes

Construction Type

Concrete
Yes

Exterior Material

Stucco
Yes

Roofing

Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Franchise
Yes
LLC
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Aerial Photo
Yes
Other
Yes

Business Includes

Equipment
Yes
Furniture
Yes
Inventory
Yes
Real Estate
Yes
Other
Yes

Util Avail at St

Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes

Driveway

Asphalt
Yes
Concrete
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

Property Features

Property Use: Business SqFt Information: Security System Uses: Restaurant Ownership: Franchise; LLC Business Includes: Equipment; Furniture; Inventory; Real Estate; Other Construction Type: Concrete Exterior Material: Stucco Roofing: Rubber Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Other Sale Conditions: None Possession: Negotiable
Listing Office: RE/MAX IRISH HILLS REALTY
Listing Agent: Mark Riggle
IDX
Last Updated: July - 04 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for 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.