123 Confidential Detroit, MI 48203
- Retail properties
- 3,000 SF
Current Use by Public Records
- Retail properties
Property Details for 123 Confidential
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Class A, 3,000 square foot entertainment venue in Detroit, Michigan is available for $1,350,000. Completely renovated in 2023, this single-tenant property boasts a stylish bar, a fully equipped modern kitchen, and luxurious seating for up to 144 guests. Currently operating at 100% occupancy, it offers a truly turnkey operation with a coveted Cabaret License (D) and Liquor License (C), plus the potential for a cigar license. The building is fully equipped for a cigar lounge, adding to its versatility. All new, state-of-the-art equipment is included. Two on-site parking lots provide ample parking for patrons. Conveniently located in Detroit (bordering Ferndale and Hazel Park) with easy freeway access, this high-traffic location presents a rare investment opportunity in a thriving entertainment district. The sale includes real estate and furniture, fixtures, and equipment (FF&E). The seller will consider an asset/license sale for $500,000 with a favorable leaseback. Creative financing options are available for qualified buyers. This is a premium establishment designed for a luxurious and vibrant guest experience. The investment made significantly exceeds the asking price.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1262
- Latitude
- 42.4263
