COMMERCIAL BUILDING WITH CLASS C LICENSE 22061 Woodward Ave

Investment Highlights

GREAT BUILDING LOCATED ON WOODWARD AVENUE 5 BLOCKS SOUTH OF 9 MILE ROAD GREAT TRAFFIC AMPLE PARKING, 65 SPACES CLASS C LIQUOR LICENSE AVAILABLE CORNER LOT LOCATION

Executive Summary

7,000 sq ft commercial building. Class C Liquor License available. Originally Doug' s Body Shop and later Eden Nightclub, this space can be utilized as a restaurant or bar or other retail space. Ground level is approximately 5,000 sq ft and includes two bathrooms, storage space and restaurant / bar space. The lower level is approximately 2,000 sq ft and also has a bar, lounge area and baths. Two staircases service the lower level and provide access and egress. Large 65 space private parking lot included in the real estate.LOCATED ON BUSY WOODWARD AVENUE JUST SOUTH OF 9 MILE ROAD

• Sale Type    Investment or Owner User
• Sale Conditions    1031 Exchange 1031 Exchange Build to Suit Lease Option 1031 Exchange
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bar General Retail Convenience Store Office Medical Freestanding
• Building Size    7,000
• Building Class    C
• Year Built    1980
• Price    1,100,000
• Price Per SF    157
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.23
• Land Acres    0.70 AC
• 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.

• 24 Hour Access
• Bus Line
• Corner Lot
• Pylon Sign