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Entertainment Lounge/ Gentlemen's Club/Bar 123 Confidential

3,000 SF Vacant Retail Building Detroit, MI 48203 $1,150,000 ($383/SF)

Investment Highlights

  • Cabaret License(D), Liquor License(C)
  • Business/Assets Can Be Sold Separately
  • Fully Remodeled with No Expense Spared

Executive Summary

PRICED TO SELL! Price Allocation is as follows: $500k for Business Assets and $750k for Real Estate. Business can be sold separately with a favorable lease back. 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 parking 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. (Investment made far exceeds the asking price).

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Year Built/Renovated
1948/2023
Price
$1,150,000
Price Per SF
$383
Percent Leased
Vacant
Building Height
1 Story
Opportunity Zone
Yes

Nearby Major Retailers

Huntington National Bank
Meijer
Planet Fitness
Starbucks
PNC Bank
Applebee's
  • Listing ID: 31489827

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 123 Confidential, Detroit, MI 48203

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