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$ 2,900,000
Est. payment /mo
New
19416 Livernois Avenue Detroit, MI 48221
2,925 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,925 sqft
Price per Sqft $991
MLS Listing ID 20251015516
Year Built 1952
Annual Tax Amount $8,283
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 40X73.43
Source Realcomp
Property Description
Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit LocationYour 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 Wayne County - 100
Zoning Commercial
Direction BUILDING IS ON THE EAST SIDE OF LIVERNOIS AT OUTER DRIVE
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Schools
School District Detroit
Others
Tax ID 02004431003L
Listed by EXP Z Real Estate