Cabaret-Licensed Gentlemen's
13109 W Eight Mile Road Detroit, MI 48235
For Sale
$750,000
Turn-key gentlemen's club with cabaret and liquor licenses, full food menu, and updated kitchen equipment on a corner with ample parking.
Property Size3,800 SF
Price / SF$197.37
Days on Market704
Property Features for 13109 W Eight Mile Road
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1954
Listing Agency:
Berkshire Hathaway HomeServices Kee Realty
(586) 530-1059
Listed By:
Bill Minor · License #MISPE-6501243324
(586) 530-1059
Source:
Sabudarealty
Added: Aug 19, 2024
Changed: Jul 22
Last Checked: Jul 23 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Kee Realty
Investment Insights
Based on property information with market context.
Historic gentlemen’s club for sale in Detroit, MI, family owned and operated for more than 50 years. The offering includes cabaret license (D) and liquor license (C), along with a full food menu and bar.
The club is described as a turn-key operation with entertainment options and a spacious kitchen featuring updated equipment. An ample parking setup is noted for the property, and it is positioned on a corner location.
If you’re seeking an established, long-running nightlife concept with both cabaret and liquor licensing in place, this business and property combination is being presented for sale with the core operating components included.
The club is described as a turn-key operation with entertainment options and a spacious kitchen featuring updated equipment. An ample parking setup is noted for the property, and it is positioned on a corner location.
If you’re seeking an established, long-running nightlife concept with both cabaret and liquor licensing in place, this business and property combination is being presented for sale with the core operating components included.
Key Highlights
- 1954‑built gentlemen’s club in Detroit, MI
- Cabaret license (D) and liquor license (C)
- Great cash flow, with a full food menu and bar
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.8k | $14.16 |
| − Vacancy | −$3.9k | −$1.02 |
| EGI | $49.9k | $13.14 |
| − OpEx | −$12.5k | −$3.29 |
| NOI | $37.5k | $9.86 |
3,800 SF · lease $14.16/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$535.0K
$468.1K – $624.2K
NOI $37,450 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$538.7K
$471.3K – $628.4K
NOI $37,706 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Night clubs
Similar Off Market Nearby
- Teresa's Place — 14000 W McNichols Rd, Detroit, MI 48235
- Village Goods — 16030 W McNichols Rd, Detroit, MI 48235
- Blewprint Lounge — 15934 W McNichols Rd, Detroit, MI 48235
- R Beatrice Bar — 14444 W McNichols Rd, Detroit, MI 48235
- Lux 87 eighty luxury bar & grill — 14444 W McNichols Rd, Detroit, MI 48235
FAQs
What type of property is this?
Night club - Turn-key gentlemen's club with cabaret and liquor licenses, full food menu, and updated kitchen equipment on a corner with ample parking.
Where is this night club located?
The property is located at 13109 W Eight Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1954‑built gentlemen’s club in Detroit, MI; Cabaret license (D) and liquor license (C); Great cash flow, with a full food menu and bar
