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$ 975,000
Est. payment | /mo
2,429 SqFt
$ 975,000
Est. payment | /mo
2,429 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,429 sqft
Price per Sqft $401
MLS Listing ID 20251027508
Year Built 1952
Annual Tax Amount $5,720
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50X130
Source Realcomp
Property Description
Turnkey building and a thriving restaurant business or sale in Downtown Detroit — Prime Location, Priced to sell!This is your chance to own a fully equipped, well-maintained restaurant in the heart of downtown Detroit's booming commercial and entertainment corridor. With a 23.1% growth in the local market since 2010 and a population of upwardly mobile professionals, this property offers unmatched potential for culinary success.Property Highlights:Central Location Nestled among manufacturing plants, retail stores, medical offices, U.S Postal building, major sports arenas, local nightclubs/bars, with frequent festivals and events that drive consistent foot traffic, in addition, walking distance to high-rise apartments and condominiums.Affluent Demographics: The area is home to predominantly single, white-collar professionals, with median home prices around $300,000—ideal for attracting a loyal, high-spending clientele.Delivery-Friendly Market: With 25% of residents working remotely, the neighborhood is primed for delivery and takeout services.Fully Equipped & Ready to Operate: Includes two large walk-in coolers, complete cooking equipment, and 15 booths. Everything is in excellent working condition.Well-Kept Interior: The restaurant has been meticulously maintained, offering a fresh and inviting atmosphere for guests and staff alike.Establishment is under-marketed. The seller has owned and managed for over 20 + years, now ready to pass the keys on to a new owner! Motivated Seller: Priced below market value for a quick sale—this is a rare opportunity to acquire a high-potential property at a competitive price.Whether you're a seasoned restaurateur or a visionary entrepreneur, this space offers the perfect blend of location, infrastructure, and community momentum to bring your concept to life. predominantly single, white-collar professionals, with median home prices around $300,000—ideal for attracting a loyal, high-spending clientele.Delivery-Friendly Market: With 25% of residents working remotely, the neighborhood is primed for delivery and takeout services.Fully Equipped & Ready to Operate: Includes two large walk-in coolers, complete cooking equipment, and 15 booths. Everything is in excellent working condition.Well-Kept Interior: The restaurant has been meticulously maintained, offering a fresh and inviting atmosphere for guests and staff alike.Establishment is under-marketed. The seller has owned and managed for over 20 + years, now ready to pass the keys on to a new owner! Motivated Seller: Priced below market value for a quick sale—this is a rare opportunity to acquire a high-potential property at a competitive price.Whether you're a seasoned restaurateur or a visionary entrepreneur, this space offers the perfect blend of location, infrastructure, and community momentum to bring your concept to life.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multiple,Offic
Direction East 0n Fort ST., West of Sixth ST..
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Schools
School District Detroit
Others
Tax ID 06000018
Listed by Century 21 Curran & Oberski
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Tricia Carlson
REALTOR® | Lic# 6506048426