Cabaret-Licensed Gentlemen's
For Sale
$750,000
13109 W Eight Mile Rd, Detroit, MI 48235
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 Market259
Property Features for 13109 W Eight Mile Rd
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Commercial
Site & Location
Neighborhood
Winship
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1954
Listing Agency:
Berkshire Hathaway HomeServices Kee Realty
Listed By:
Bill Minor · License #MISPE-6501243324
(586) 840-0440
Source:
Vmrealestatemichigan
Added: Feb 10
Changed: Oct 25
Last Checked: Oct 26 at 4:41PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$37,450
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,000
$749.0K
Cap Rate 7%
$535,000
$535.0K
Cap Rate 9%
$416,111
$416.1K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$53.8K $14.16/SF
− Vacancy
−$3.9K −$1.02/SF
EGI
$49.9K $13.14/SF
− OpEx
−$12.5K −$3.29/SF
NOI
$37.5K $9.86/SF
Area
ZIP 48235
Vacancy
7.20%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,000
Cap Rate 7%
$535,000
Cap Rate 9%
$416,111
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- 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
- Teresa's Place — 14000 W McNichols Rd, Detroit, MI 48235
Frequently Asked Questions
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 Rd 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
