123 Confidential Detroit, MI $ 1,350,000
123 Confidential
$ 1,350,000
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123 Confidential

Detroit, MI, 48203
$ 1,350,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 9,430

123 Confidential, Detroit, MI 48203 - Image 1
123 Confidential, Detroit, MI 48203 - Image 2
Studio

Commercial Property for sale in Detroit, MI

for $1,350,000. This 3,000 square foot building was built in 1950 on a lot size of 1.

Welcome to the epitome of luxury entertainment in the heart of Detroit's bustling scene (Location borders the cities of Ferndale and Hazel Park). This meticulously remodeled establishment flaunts a stylish bar, fully equipped modern kitchen, and luxurious seating space for up to 144 guests, offering a true turnkey venue with a coveted Cabaret License(D), Liquor License(C), and the potential for a cigar license (building is completely equipped for a cigar lounge), making it a versatile investment opportunity. Further enhancing the appeal is the all-new state-of-the-art equipment. Ample parking is provided by two on-site lots, ensuring convenience for patrons. The Venue is conveniently located with easy access to major freeways and presents a rare chance for investors to enter a high-traffic area with unlimited entertainment possibilities ranging from any form Entertainment Venue, Lounge, Gentlemens Club, Bar/Restaurant, etc. Every detail has been carefully considered, from the fully equipped facilities to the stunning decor. Don't miss out on this unique chance to own a premium establishment that spares no expense in providing a luxurious, vibrant experience for guests and visitors alike. Creative financing options are available for qualified prospects. Sale Price includes Real Estate and FF&E. Business/Assets can be sold separately with a leaseback. Priced to Sell (Investment made far exceeds the asking price).

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240023792

Features
Interior
Heating Fuel Natural Gas
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General
Sewer Sewer at Street
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1950
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Other
Cumulative Days on Market 10
MLS Area Det - 6 To 8 Grnfld To Limits
Directions Detroit
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Confidential
Total Sq Ft 3000
DOM 10
Legal Description Detroit
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Exterior
Waterfront 0
Lot Size Area 1.00
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 99x99
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Yousef Beydoun

Listing Agent

Re/Max Team 2000

Broker

(313) 561-0900

Phone

Affordability Calculator

$9,430
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,350,000 Listed Price

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123 Confidential, Detroit, MI, 48203 is a Commercial Property for sale at $1,350,000 with 3,000 sqft and a lot size of 1. 123 Confidential is a studio with 0.0 baths and was built in 1950. The property's zip code is 48203 which is in Detroit, MI