5894 W Vernor Hiwy, Detroit 48209

$679,000

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MLS#: 216024228
• For Sale
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248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

IN THE HEART OF MEXICAN TOWN and minutes away from DOWNTOWN DETROIT The famous popular EL RANCHO Mexican restaurant is on the market. Owner of 30 years is retiring. Sale includes inventory/ liquor license, equipment, restaurant is updated, upper level has two apartments for extra income or storage, sale also includes secured lighted parking lot in rear of building. Land contract available

Property Information    

Status
Active 
Address
5894 W Vernor Hiwy 
City
Detroit 
Zip
48209 
Year Built
1905 
Subdivision
Walter Crane Farm (plats) 
Business Type
Service 
Listing Date
03/16/2016 
Architecture
2 Story 
County
Wayne 
Above Grade SqFt
5,000 
Possession
Closing 
Price/SqFt
135.8 

School Information

School District
Detroit 

Taxes

Summer Taxes
$12,307 
Winter Taxes
$1,233 

Features

Current Use
Restaurant 
Comm. Office Space
1309 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Commercial 
Licenses
Carry-Out License, Liquor License 
Office Heat
Forced Air 
Plant Heat
Central Air 
Heating
Forced Air, Gas 

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Listing Broker

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Listing Courtesy of Re/Max Leading Edge
Office Address 25050 Ford Road