Property profile

42 Piquette Ave Detroit, MI 48202

OFF-MARKET
Retail properties & Spaces
5,696 SF 0.67 ac lot Built 1968
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Property summary

AI-generated overview

Exceptional opportunity to acquire Z's Villa, a thriving bar and restaurant located at 42 Piquette Ave, Detroit, MI 48202. This iconic establishment, built in 1968 and extensively renovated in 2018, boasts 5,696 square feet across two stories within a 0.67-acre lot. The property includes three parcels (42, 52, and 62 Piquette Ave) and operates under a Restricted Industrial District zoning permit. The sale includes the well-established business, complete with all necessary liquor licenses (beer, wine, and spirits), a fully operational kitchen, and a large, inviting patio area. Additional outdoor amenities include a sand volleyball court and space for outdoor games, enhancing the property's appeal and creating a unique atmosphere. The business has a rich history, having served the Detroit community since 1978. This turnkey operation presents a rare chance to own a piece of Detroit history with significant potential for future growth. Financial details are available upon request and execution of a confidentiality agreement. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1968
Total area 5,696 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42 Piquette Ave Detroit, MI 48202
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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