1540 W Maumee Street, Adrian, MI 49221 (MLS# 23140997)

1540 W Maumee Street, Adrian, MI 49221

$1,595,000

1540 W. Maumee St Adrian MI 49221 (Aeria

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 ... (Read more)

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

Last Updated: July - 04 - 2024

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