123 ConfidentialDetroit, MI 48203

For Sale
$1,350,000

Turnkey Bar & Restaurant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A, 3,000 square foot entertainment venue in Detroit, Michigan is available for $1,350,000. Completely renovated in 2023, this single-tenant property boasts a stylish bar, a fully equipped modern kitchen, and luxurious seating for up to 144 guests. Currently operating at 100% occupancy, it offers a truly turnkey operation with a coveted Cabaret License (D) and Liquor License (C), plus the potential for a cigar license. The building is fully equipped for a cigar lounge, adding to its versatility. All new, state-of-the-art equipment is included. Two on-site parking lots provide ample parking for patrons. Conveniently located in Detroit (bordering Ferndale and Hazel Park) with easy freeway access, this high-traffic location presents a rare investment opportunity in a thriving entertainment district. The sale includes real estate and furniture, fixtures, and equipment (FF&E). The seller will consider an asset/license sale for $500,000 with a favorable leaseback. Creative financing options are available for qualified buyers. This is a premium establishment designed for a luxurious and vibrant guest experience. The investment made significantly exceeds the asking price.

Highlights

  • $1,350,000 asking price for a Class A retail property.
  • 3,000 square foot, single-tenant building in Detroit, MI.
  • 100% occupancy with a bar and restaurant tenant.
  • Completely renovated in 2023.
  • Includes Cabaret License (D), Liquor License (C), and potential for a cigar license.
  • Features a fully equipped kitchen and ample on-site parking.

Property Details for 123 Confidential

Property type
Other retail properties, Restaurants
Square Feet
3,000 SF
Class
A
Year Renovated
2023
Buildings
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.42628
Longitude
-83.1262462
123 Confidential, Detroit, Michigan

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123 Confidential
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