Fully Operational Cigar
14312 Pennsylvania Southgate, MI 48195
14312 Pennsylvania, Southgate, MI, 48195
$550,000
For Sale
$550,000
Fully equipped cigar bar offering included furnishings, fixtures, and required liquor licenses with 40 parking spaces.
Property Size2,475 SF
Lot Size0.65 Acres
Price / SF$222.22
Days on Market50
Property Features for 14312 Pennsylvania
General Information
- Standard status
- Active
- Size
- 2,475 SF
- Lot size
- 0.65 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing agency
Thomas A. Duke Company
(734) 725-9018
Listed by
Michael Perales
(734) 725-9018
Source
Thomasduke
Added: Jun 2 Updated: Jul 20 at 7:02PM Checked: Jul 21 at 5:51AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This fully operational cigar bar is offered as an established business for sale, with furnishings and fixtures included. The package also includes the required liquor licenses, supporting a seamless transition for a qualified buyer.
The property totals approximately 0.65 acres and provides parking for up to 40 vehicles. At 2,475 square feet, the space is presented as an appointed venue designed to operate as a cigar bar.
Included in the offering are the business’s core takeaways—fixtures, furnishings, and required liquor licensing—along with the established customer base described in the listing.
The property totals approximately 0.65 acres and provides parking for up to 40 vehicles. At 2,475 square feet, the space is presented as an appointed venue designed to operate as a cigar bar.
Included in the offering are the business’s core takeaways—fixtures, furnishings, and required liquor licensing—along with the established customer base described in the listing.
Key Highlights
- Fully operational, established cigar bar with 2,475 SF established business
- Business includes furnishings, fixtures, and required liquor licenses
- Year built: 1968
Local 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 | $44.6k | $18.00 |
| − Vacancy | −$1.8k | −$0.72 |
| EGI | $42.8k | $17.28 |
| − OpEx | −$10.7k | −$4.32 |
| NOI | $32.1k | $12.96 |
2,475 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$458.2K
$401.0K – $534.6K
NOI $32,076 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Metro Charity
Charitable Organization
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Bar & Pub
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FAQs
What type of property is this?
Bar & Pub - Fully equipped cigar bar offering included furnishings, fixtures, and required liquor licenses with 40 parking spaces.
Where is this bar & pub located?
The property is located at 14312 Pennsylvania Southgate, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully operational, established cigar bar with 2,475 SF established business; Business includes furnishings, fixtures, and required liquor licenses; Year built: 1968
