MI > Detroit > Mi
Detroit, MI 48221 1760,19416 Livernois Avenue
Detroit, MI 48221 1760,19416 Livernois Avenue
Detroit, MI 48221 1760,19416 Livernois Avenue
Detroit, MI 48221 1760,19416 Livernois Avenue
Detroit, MI 48221 1760,19416 Livernois Avenue
Detroit, MI 48221 1760,19416 Livernois Avenue
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 2,900,000
Est. payment | /mo

2,925 SqFt

Save Virtual Tour
$ 2,900,000
Est. payment | /mo
Save Virtual Tour

2,925 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,925 sqft

Price per Sqft $991

Subdivision Mi

MLS Listing ID 60935729

Annual Tax Amount $8,283

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 40X73.43

Property Sub-Type Commercial/Industrial

Property Description

Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit Location Your chance to own a highly profitable, fully operational business in the heart of downtown Detroit! This well-established cigar lounge, bar, and restaurant offers not only a premium atmosphere and loyal clientele but also includes the real estate - providing you with a rare opportunity to invest in both a booming business and valuable property. Operating at an impressive 18% cap rate, this venture offers instant cash flow and strong long-term potential. The business is currently open only 41 hours per week, leaving significant opportunity for growth through extended hours or private event hosting. Meticulously maintained and immaculately clean, the property and business present exceptionally well and require no immediate improvements. Whether you're a seasoned investor or an entrepreneur looking to step into a thriving enterprise, this is a must-see opportunity. Don't miss out - contact us today for a private showing and financial details. Serious inquiries only.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial

Interior

Heating Forced Air

Building

Foundation Slab

Water Public Water

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

Virtual Tour https://www.zillow.com/view-imx/8ec42d04-a6a0-4f22-b728-ebeb0f56eae1?wl=true&setAttribution=mls&initialViewType=pano

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Z Real Estate
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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19416 Livernois Avenue