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22900 Waltz Road

$ 875,000
22900 Waltz RD ,


Great business opportunity that doesn’t come around often! Iron Mikes Restaurant and Tavern located in New Boston. Includes real estate, business, liquor license (Class C, Outdoor Service, Sunday sale), and 2012 Van. Additional property located at 22700 Waltz Road with pole barn is also included in the listing price. New roof, Air Conditioning, Diamond Kick Plating, New wood floor all in 2019. New Awning and Parking lot resurfaced and striped in July of 2020. The Patio is a wonderful place for patrons to enjoy the nice weather, and is prepped with 42″ footings so that it can be enclosed if desired. 61 Parking spaces with 3 additional Handicapped spaces. Iron Mikes has had the same owner for the past 15 years, and the people in the area are like family here! If you are looking for a thriving business in a close-knit community, This is the Place for You! Please do not approach employees, patrons, or owners during business hours. Thank you!

Address: 22900 Waltz RD
Zip: 48164
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Property Id : 25078
Price: $ 875,000
Building size: 2.35 acres
Available Space: 2130 sq.ft.
Accessibility Features: Disabled Access
Active Openhouse Count: 0
Architecture Level: 1 Story
Building Area Source: Estimated
Business Licenses: Beer & Wine,Carry-Out,Liquor,Lottery,Lotto Terminal
Business Type: Recreational,Service
CDOM: 365
CoList Agent MUI: 48214
CoList Agent Direct Work Phone: (313) 282-8938
CoList Agent Email:
CoList Agent FullName: Luis A Rodriguez
CoList Agent MLSID: 326742
CoList Office MUI: 267320192
CoList Office MLSID: 392273
CoList Office Name: RE/MAX Leading Edge
CoList Office Phone: (313) 277-7777
Commercial Exterior Features: Awning/Overhang(s),Outside Lighting,Perimeter Fence
Commercial Type: Business And Real Estate
Commercial Utilities: 3 Phase Power,Programmable Thermostat,Security Alarm,Smoke Alarm
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Restaurant/Tavern
Directions: I-275 to S. Huron Road exit, go West to Waltz Road, turn right/North, on left/West side.
Directions From EastWest: W
Directions From EastWest Detail: I-275
Directions From NorthSouth: N
Directions From NorthSouth Detail: South Huron
Distance To Airport: 8
Distance To Interstate: 1
DOM: 365
Foundation Details: Slab
Foundation Materials: Block
Frontage Feet: 225
Gross Scheduled Income: 698935.00
Heating: Forced Air,Packaged Heat/Cool
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: RE/MAX Leading Edge
List Price By Acre: 372340.4255
Lock Box Type: Appointment
Lot Size Dimensions: 225x133x221x221
MLS: Realcomp II Ltd
MLS Area Major: Huron Twp
MLS Area Major Number: 05161
MLS Number: 219082154
Monthly Sales: 58244
Annual Net Income: 280100.00
Operating Expense: 418137.00
Original List Price: 925000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 75072990015002
Plant Heating: Central Air
Postal City: New Boston
Property Type: Commercial
Protection Period: 120
Road Frontage Type: Paved
Room Count: 0
School District: Huron
Settlement: Township
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: W
Sqft Main: 2130
Sqft Office: 100
Sqft Source: ESTIMATE
State Equalized Value: 90800.0000
Street Name: Waltz
Street Number: 22900
Street Suffix: Road
Table: Commercial
Taxable Value: 89379.0000
Tax Amount Summer: 3512.0000
Tax Amount Winter: 1372.0000
Tax Legal Description: 22900 Waltz Road, New Boston, MI 48164 Property ID #75072990015002 18S1A1B PT OF SE 1/4 SEC 18 T4S R9E BEG N0DEG 23M 50S E 100FT TH N0DEG 23M 50S E 225FT TH N89DEG 21M 10S W 133FT TH S0DEG 23M 50S W 225.90FT TH S89DEG 21M 10S E 133FT POB 0.69 AC 22700 Waltz Road Property ID #75072990014702 Legal description on separate addendum
Title: Private - Owned
Total Tax: 4884.0000
Unit Count: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1979
Zoning: Commercial
Airport: Yes
APOD Available: Yes
Customer Comment: Yes
Encroachment: Yes
Exclusions: Yes
Interstate: Yes
Inventory Included: No
Inventory List: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Leading Edge and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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