28080 Waltz Rd New Boston, MI 48164
Property Features for 28080 Waltz Rd
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1912
Source:
Elliman
Listing Agent: Richard R Barren
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Restaurant, Bar with Rental Income
The Waltz Inn Restaurant and Bar is available for purchase. This restaurant and bar has been closed for a few years but includes a carryout license and all inventory. There are also two rental units upstairs that generate income, with all appliances included in the sale. The roof was replaced in July of 2024. The restaurant has a history and a reputation as a meeting place for family and friends. The restaurant was open for approximately 36 years, and the tavern opened in the early 1900s. The seating capacity is 82. The last full year in business generated approximately $570,000 in sales when open only 5 days a week. Their best year generated approximately $800,000 in sales when open 7 days a week. The liquor license is sold separately for $80,000.
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Places Nearby
McNasty's Saloon
Location Insight
- Map
- Local Demand
- City
- New Boston
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3926722
- Latitude
- 42.1001145
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Restaurant and bar with two income-generating rental units.
Where is this bar & pub located?
The property is located at 28080 Waltz Rd New Boston, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: - Fully intact restaurant and bar with carryout license and all inventory included.; - Two rental units upstairs provide income potential.; - New roof installed in July 2024.
