141 m-102 - Bar FOR SALE


Detroit, MI 48203- Nolan
$1,050,000 USD
313-525-1101
141 m-102, Detroit, MI for Sale
$1,050,000 USD
Bar - FOR SALE
1/10
null | Request Cap Rate

141 m-102
Detroit, MI 48203
Nolan


HIGHLIGHTS

  • Turn-Key Establishment
  • Ample Onsite Parking
  • Tremendous Value

OVERVIEW

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 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. Sale Price includes Real Estate, Licensing, and FF&E. . Priced to Sell (Investment made far exceeds the asking price).

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

141 W. 8 Mile Detroit, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Exiter

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09-00830-710

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.