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14531 W EIGHT MILE

$ 1,200,000
14531 W EIGHT MILE ,
34
Active

Description

Great opportunity! Almost 3000 square foot venue, previously a bar/restaurant/gentleman’s club. Great location in West Detroit on high traffic road near Greenfield. Perfect opportunity for a new restaurant, bar/lounge, hookah lounge, etc. Lots of possibilities! All equipment included in sale. .25 acre corner lot with plenty of parking and security gate and wall around back and side perimeter. Right next to newer, successful plaza. Contact your agent for permitted uses & zoning details. Owner has potential renters for a hookah lounge to prepay $4000-8000/mo in rent with a substantial downpayment for fixtures and equipment.

Address: 14531 W EIGHT MILE
City:
State/County:
Zip: 48235
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Property Id : 24174
Price: $ 1,200,000
Building size: 0.27 acres
Available Space: 2485 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 0
Building Area Source: Public Records
CDOM: 201
Commercial Type: Real Estate Only
Construction Materials: Block/Concrete/Masonry
County Or Parish: Wayne
Current Use: Bar/Restaurant/Nightclub
Directions: See Map
Directions From EastWest: E
Directions From EastWest Detail: Greenfield
Directions From NorthSouth: S
Directions From NorthSouth Detail: Eight Mile
DOM: 201
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 99
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Increase
List Office Name: Keller Williams Somerset
List Price By Acre: 4444444.4444
Lock Box Type: Lock Box
Lot Size Dimensions: 99.00X120.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-8 Grfld-Dequindre
MLS Area Major Number: 05041
MLS Number: 219051293
Monthly Sales: 0
Annual Net Income: 0.00
Office Heating: Central Air
Operating Expense: 0.00
Original List Price: 700000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I018639S
Postal City: Detroit
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved,Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 2485
Sqft Source: PRD
State Equalized Value: 95200.0000
Street Dir Prefix: W
Street Name: EIGHT MILE
Street Number: 14531
Subdivision Name: MORE THAN ONE LEGAL INVOLVED
Table: Commercial
Taxable Value: 90347.0000
Tax Amount Summer: 7056.0000
Tax Amount Winter: 857.0000
Tax Legal Description: S EIGHT MILE W THAT PT OF N E 1/4 OF SEC 6 T 1 S, R 11 E BEING THE N 120 FT OF W 99 FT LYG S & ADJ EIGHT MILE RD & E & ADJ HUBBELL AVE 22/--- 99 X 120
Title: Private - Owned
Total Tax: 7913.0000
Unit Count: 0
Water Source: Municipal Water
Year Built: 1968
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Keller Williams Somerset and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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