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

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 acquiring this franchise resale. Great location close to three colleges, residential neighborhoods and businesses. Invest today and walk into a turnkey, STATE OF THE ART, very well-established Little Caesars Franchise. To build this store new would be $1,200,000 plus! Little Caesars is the volume pizza seller to churches, sports teams & schools. Jump on this opportunity to own this franchise resale. Contact Mark Riggle at Re/Max Irish Hills today for this business, an unmatched opportunity.

More Information MLS# 23140997

Location & Property Info

Cross Streets: Maple Property Sub-Type: Business Opportunity 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

General Property Info

New Construction: No Lot Dimensions: 169x79x8x15x40x65x143x159 Road Frontage: 306 Mineral Rights: Unknown Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 1546 Property Use Type: Business School District: Adrian Lot Measurement: Acres Lot Acres: 0.56 Lot Square Footage: 24394 Year Built: 2010 Full Baths: 1

Tax Info

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

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

Status Change Info

Sold Price/SqFt: 1031.69 Under Contract Date: 2024-05-17 Sold Date: 2024-07-02 Sold Price: $1,595,000

Additional Details

Total Parking Spaces: 14

Street Type

Paved: 1 Public: 1

SqFt Information

Security System: 1

Property Use

Business: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Restaurant: 1

Construction Type

Concrete: 1

Exterior Material

Stucco: 1

Roofing

Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

Franchise: 1 LLC: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Docs at List Office

Aerial Photo: 1 Other: 1

Business Includes

Equipment: 1 Furniture: 1 Inventory: 1 Real Estate: 1 Other: 1

Util Avail at St

Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1

Driveway

Asphalt: 1 Concrete: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Business Opportunity

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

Possession

Negotiable: 1

Location Property Info

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

OfficeContract Info

Status: Sold Current Price: $1,595,000 List Price: $1,800,000 Listing Date: 2023-11-03

Remarks Misc

Directions: US 223 to Maumee

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
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