See all 15 photos
15 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$129,999
Est. payment /mo
16,283 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 16,283 sqft
Price per Sqft $7
Municipality Rochester Hills
Subdivision Rochester Hills
MLS Listing ID 20261046203
Year Built 1979
Annual Tax Amount $5,132
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 351x352x260x260
Property Sub-Type Business Opportunity
Source Realcomp
Property Description
Established Papa Romano's Pizza franchise opportunity in Rochester Hills, Michigan, offering a turnkey operation in a prime commercial location. This 1,800 square foot restaurant is strategically positioned within a high-traffic Main Street plaza, benefiting from excellent visibility and consistent foot traffic patterns.Key Investment Highlights:- Established franchise operation with proven business model- Prime 1,800 sq ft location in desirable Rochester Hills market- Competitive lease terms at $3,829 monthly rent- High-visibility storefront in busy Main Street plaza- Flexible ownership structure - maintain franchise or convert to independent operation- Turnkey operation ready for immediate transitionLocation Advantages:The restaurant occupies a strategic position in Rochester Hills' commercial corridor, providing access to both local residential customers and commuter traffic. The Main Street plaza location ensures consistent visibility and accessibility for dine-in, takeout, and delivery services.Operational Overview:This established pizza restaurant operates under the Papa Romano's franchise system, providing access to proven recipes, operational procedures, and brand recognition. The current setup includes full kitchen facilities, dining area, and all necessary equipment for immediate operation.Financial Structure:Asking price of $130,000 represents an opportunity to acquire an operational restaurant business with established systems and customer base. The favorable lease terms provide operational stability and cost predictability for new ownership.This opportunity suits investors seeking an established food service business in a proven market with flexible operational options and strong location fundamentals.
Location
State MI
County Oakland
Zoning Commercial
Direction Northwest corner of Rochester and Auburn Road in Rochester Hills, Michigan
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Stone
Schools
School District Rochester
Others
Tax ID 1527478004
Read Less Info
Listed by New Michigan Realty, LLC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH
- Who You Work With Matters!
- Shopping Interest Rates - The Truth!
- Draft Your Real Estate Bench!
- Starting Your Home Search - Making That First Call!
- Hire A Team That Answers Your Calls!
- Compliance fees - What you need to know!
- Getting To Know The Mortgage Consultant
- Married, But Spouse Has Bad Credit?
- Getting To Know Niki @ Title Connect