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    OFF-MARKET
    Bars & Pubs

    12900 Joseph Campau St, Hamtramck, MI 48212-2217

    7,810 SF 0.11 ac lot Built 1925
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0895850
    Property summary
    AI-generated overview

    This exceptional mixed-use property, situated at 12900 Joseph Campau in Hamtramck, Michigan, presents a unique investment opportunity. The 7,810 square foot building sits on a 0.11-acre lot at the border of Hamtramck and Detroit, just a block from Hamtramck's downtown area. The ground floor boasts a thriving restaurant, featuring over 100 seats, a substantial professional wet bar, a stage suitable for various events, and a fully equipped, large kitchen. Above the restaurant are three spacious apartments, each offering three bedrooms, a living room, a dining room, a kitchen, and a bathroom. Recent upgrades include a newly installed heating and cooling system, enhancing the overall efficiency and comfort of the building. The property has been meticulously updated throughout. This combination of established commercial income from the restaurant and the rental potential of the three apartments provides a strong foundation for a diverse and potentially lucrative investment. While all provided data is considered reliable, potential buyers are encouraged to independently verify all information. The asking price for this prime Hamtramck property is $1,100,000. This is an excellent opportunity for investors seeking a multi-faceted commercial property with significant upside potential in a rapidly developing area.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group NIGHTCLUB (COCKTAIL LOUNGE)
    Year built 1925
    Total area 7,810 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code B4
    APN 09011253.
    UPID US43-0895850
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Rahma LLC · 5 yrs held
    Rahma LLC
    since 2021
    Last sale
    $75,000
    2 recorded transactions
    2021
    $75,000
    2021
    $30,000
    Zoning & alternative use
    B4 · Hamtramck, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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