123 Confidential - Restaurant FOR SALE


Detroit, MI 48203
$1,150,000 USD
313-525-1101
123 Confidential, Detroit, MI for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

123 Confidential
Detroit, MI 48203


HIGHLIGHTS

  • Cabaret License(D), Liquor License(C)
  • Fully Remodeled with No Expense Spared
  • Business/Assets Can Be Sold Separately

OVERVIEW

PRICED TO SELL! Price Allocation is as follows: $400k for Business Assets and $750k for Real Estate. Business can be sold separately with a favorable lease back. Welcome to the epitome of luxury entertainment in the heart of Detroit's bustling scene (Location borders the cities of Ferndale and Hazel Park). This meticulously remodeled establishment flaunts a stylish bar, fully equipped modern kitchen, and luxurious seating space for up to 144 guests, offering a true turnkey venue with a coveted Cabaret License(D), Liquor License(C), and the potential for a cigar license (building is completely equipped for a cigar lounge), making it a versatile investment opportunity. Further enhancing the appeal is the all-new state-of-the-art equipment. Ample parking is provided by two on-site parking lots, ensuring convenience for patrons. The Venue is conveniently located with easy access to major freeways and presents a rare chance for investors to enter a high-traffic area with unlimited entertainment possibilities ranging from any form Entertainment Venue, Lounge, Gentlemens Club, Bar/Restaurant, etc. Every detail has been carefully considered, from the fully equipped facilities to the stunning decor. Don't miss out on this unique chance to own a premium establishment that spares no expense in providing a luxurious, vibrant experience for guests and visitors alike. Creative financing options are available for qualified prospects. (Investment made far exceeds the asking price).

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$383 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Entertainment Lounge/ Gentlemen's Club/Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yousef BeydounRE/MAX Team 2000More Info
313-525-1101

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Yousef BeydounRE/MAX Team 2000More Info
313-525-1101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.