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220 W Congress St
3,994 SF of Retail Space Available in Detroit, MI 48226
HIGHLIGHTS
- Extraordinary Interior + Exterior Design.
- Gorgeous impeccably restored historic mixed use building.
- State-of-the-art HVAC, Kitchen and building systems.
- Enclosed Outdoor Year Round Alley Space.
- Stylish Cozy Bar and hip uniquely modern interior atmosphere, palette and finishes.
- Attractive Financing Solutions / Packaging available to qualified purchasers.
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Incredible opportunity to acquire this beautiful newly constructed modern Mexican dining and drinking experience, Nuevo Seoul. At the heart of the steadily exploding Downtown Detroit Central Business District, this acquisition opportunity includes the Liquor License, Furniture, Fixtures, Equipment and all Inventory on premises. The acquisition is being offered at $1,350,000.00 and the new owner will assume the lease, which commenced July 2021. The Initial Lease Term is 10 years with (2) 5 Year Renewal Options. The 3,994 square foot space is an incredible blend of indoor and covered heated glass enclosed outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings. Attractive financing solutions / packaging readily available to qualified purchaser Fully Equipped, Turn Key Ready. Liquor License + Premium Furniture, Fixtures, Equipment and Inventory Included.
- Rate includes utilities, building services and property expenses
- Highly Desirable End Cap Space
- Fully Built-Out as a Restaurant or Café Space
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste B | 3,994 SF | 1-30 Years | $25.95 /SF/YR $2.16 /SF/MO $103,644 /YR $8,637 /MO | Retail | Full Build-Out | 30 Days |
1st Floor, Ste B
| Size |
| 3,994 SF |
| Term |
| 1-30 Years |
| Rental Rate |
| $25.95 /SF/YR $2.16 /SF/MO $103,644 /YR $8,637 /MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste B
| Size | 3,994 SF |
| Term | 1-30 Years |
| Rental Rate | $25.95 /SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | 30 Days |
Incredible opportunity to acquire this beautiful newly constructed modern Mexican dining and drinking experience, Nuevo Seoul. At the heart of the steadily exploding Downtown Detroit Central Business District, this acquisition opportunity includes the Liquor License, Furniture, Fixtures, Equipment and all Inventory on premises. The acquisition is being offered at $1,350,000.00 and the new owner will assume the lease, which commenced July 2021. The Initial Lease Term is 10 years with (2) 5 Year Renewal Options. The 3,994 square foot space is an incredible blend of indoor and covered heated glass enclosed outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings. Attractive financing solutions / packaging readily available to qualified purchaser Fully Equipped, Turn Key Ready. Liquor License + Premium Furniture, Fixtures, Equipment and Inventory Included.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
PROPERTY FACTS
PROPERTY OVERVIEW
The 3,994 square foot space is an incredible blend of indoor and covered heated glass enlosed outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings.
- Bus Line
- Restaurant
NEARBY MAJOR RETAILERS
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220 W Congress St
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