About This Restaurant
Investment Highlights
Cabaret License(D), Liquor License(C) Business/Assets Can Be Sold Separately Fully Remodeled with No Expense Spared
Executive Summary
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 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 and FF&E. Business/Assets can also be sold separately with a leaseback. Priced to Sell (Investment made far exceeds the asking price).
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Restaurant Restaurant
- Building Size 3,000
- Year Built/Renovated 1948/2023
- Price 1,350,000
- Price Per SF 450
- Percent Leased Vacant
- Building Height 1 Story
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Date Created: | 2024-07-16 04:16:18 | Last Updated: | 2024-07-16 04:16:18 |
Address: | 123 Confidential , Detroit, Michigan, 48203 |