Detroit, MI Bars & Pubs for Sale

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22 properties

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Updated: Aug 1

Open-Layout Lounge Bar

17243 W McNichols Road, Detroit, MI 48235

$185,000

1,400 sqft

1,400‑square‑foot lounge
Spacious open interior layout
Updated finishes and contemporary features
Located at 17243 W McNichols Road in Detroit, MI 48235
Suitable for entertaining, private events, and meetings

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This listing looks promising.

Here's a quick look at some key insights for

17243 W McNichols Road, Detroit, MI 48235

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Est. Cap Rate

7.5%
Above avg (5.9%)
Est. NOI

$14K
Annual
Price @ 7% Cap

$197K
Above asking
Property Type

Retail Stores
Built 1946

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Updated: Aug 19, 2024

Nightclub with Cabaret License

13109 W Eight Mile Road, Detroit, MI 48235

$750,000

3,800 sqft 0.25 AC lot

3,800‑square‑foot nightclub property on 0.25 acres
Cabaret License (D) and Liquor License (C) included
Family owned and operated for over 50 years
Full food menu, bar service, and entertainment options
Spacious kitchen with updated equipment

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Former Bar with Michigan Avenue Frontage

2334 Michigan Ave, Detroit, MI 48216

$562,500

2,700 sqft 0.21 AC lot

Former 2,700-square-foot bar on a 9,017-square-foot site with prominent Michigan Avenue frontage in Corktown.

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Turnkey Bar and Restaurant Opportunity

8867 Livernois Ave, Detroit, MI 48204

$749,900

2,600 sqft

Newly renovated bar and restaurant with liquor license and parking.

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Bar and Restaurant with Heated Patio

8867 Livernois Avenue Unit SourceFi, Detroit, MI 48204

$749,900

2,400 sqft

Built-out bar and restaurant with indoor and outdoor seating, heated patio, and surface parking included with the sale.

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Retail Buildings with Open-Air Concept

8422-8434 Grand River Ave, Detroit, MI 48204

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11,958 sqft

Two-building retail package featuring original brick walls and exposed steel framework for a proposed indoor-outdoor setting.

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Turnkey Restaurant with Liquor License

8140 MICHIGAN AVE, Detroit, MI 48226

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4,300 sqft

Turnkey restaurant space includes a Wayne County Class C liquor license already attached to the building.

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Mixed-Use Restaurant and Apartments

W 3143 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48221

$1,700,000

8,625 sqft

Mixed-use property with an upgraded restaurant/bar and two upper three-bedroom apartments plus a full basement and four-car garage.

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Retail Space with Three Bay Doors

W 3239 W McNichols Road Unit SourceFi, Detroit, MI 48221

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3,592 sqft

Commercial space offered on a triple-net basis, featuring three garage bay doors for flexible access and use.

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Kercheval Avenue Mixed-Use Buildings

8116 Kercheval St, Detroit, MI 48214

$1,190,000

0.21 AC lot

Three renovated mixed-use buildings with retail and residential units.

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Wedding Venue with Event Lot

15126 - 15128 Harper Ave, Detroit, MI 48224

$475,000

Banquet and congregation-center configuration with a fenced outdoor area for events.

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Finished Bar and Lounge Space

13837 Conant St, Detroit, MI 48212

$250,000

0.14 AC lot

Bar, lounge, and hall meeting space with parking for sale.

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Historic Iodent Loft Building Investment

2233 Park Avenue, Detroit, MI 48201

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33,480 sqft

Mixed-use building with residential, office, and retail spaces in Detroit.

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Mixed-Use Retail & Residential Building

8116 Kercheval Ave, Detroit, MI 48214

$1,190,000

Fully renovated mixed-use property with leased ground-floor retail and income-producing short-term rentals above.

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Corner Bar with Patio For Sale

22234 W Warren Ave, Detroit, MI 48239

$265,000

0.05 AC lot

Bar and adjacent building with pool table and patio.

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Redevelopment Land with Restaurant

42 Piquette Ave, Detroit, MI 48202

Contact for pricing

0.67 AC lot

Restaurant and bar on redevelopment land near Wayne State Campus and the QLine Station.

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Restaurant, Bar & Apartments

3143 W MCNICHOLS Rd, Detroit, MI 48221

$1,700,000

Mixed-use building with restaurant, bar, and apartments in Detroit.

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Detroit Bar/Restaurant Opportunity

7400 W McNichols Rd, Detroit, MI 48221

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7,686 sqft

Bar/restaurant space available in Detroit's active northwest corridor.

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Turnkey Banquet and Retail Building

15403 Harper Ave, Detroit, MI 48224

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Solid concrete block building offers a large open event space, updated interiors, and multiple restrooms and kitchen area.

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Hotel with Tavern & Liquor License

2305 Park Avenue, Detroit, MI 48201

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A 13-story, 180-room hotel featuring the Town Pump Tavern and an accompanying liquor license.

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Former Auto Body Shop Development

6621 Kercheval Ave, Detroit, MI 48207

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Former auto body shop offered for development with flexibility for restaurant, bar, art space, or office use.

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Detroit Bar with Untapped Potential

18458 James Couzens Fwy, Detroit, MI 48235

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Turnkey bar with real estate and expansion opportunity in Detroit.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Detroit, MI, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Detroit, MI

Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BAR, TAVERN

17200 Harper Ave, Detroit, MI 48224-1907

$220,000

Estimated value

1,705 sqft 0.07 AC lot

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BAR, TAVERN

2453 Campbell St, Detroit, MI 48209-1485

$260,000

Estimated value

14,488 sqft 0.21 AC lot

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Detroit, MI Bars & Pubs Market Trends and Statistics

Explore 72 bars & pubs for sale in Detroit, MI, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 82,541 square feet of properties for sale, with an estimated market value of $9,767,300.

Sale prices for pubs in Detroit, MI start at $185,000, averaging $813,941, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 850K

Population Growth (5Y) -4.2%

Median Household Income $48,716

College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Hamtramck	$250K
Redford	$265K
Detroit	$829.8K

Taxes & Financing

Tax Rate (average for all types) 3.32%

Property Tax per SF $36.71 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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