16550 Telegraph Rd Detroit, MI 48219-3727
- Bars
- 1,950 SF
- 0.29 lot acres
Current Use by Public Records
- Chapeau Vert Lounge / Adult Entertainment Club
Property Details for 16550 Telegraph Rd
- Year built
- 1965
- Lot size
- 0.29 lot acres
- Property size
- 1,950 SF
- Zone code
- B4
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 22122505-10
- APU
- 2212250510
Description
This exceptional opportunity presents a fully renovated, 1,950 square foot bar and restaurant in Detroit, Michigan. Located on a full city block (296' x 120') of prime commercial real estate on busy Telegraph Road (16550 Telegraph Rd, Detroit, MI 48219), this property boasts a 0.82-acre lot and ample parking. The building, constructed in 1965 and extensively renovated in 2021, features a modern lighting and sound system. Included in the sale are all furniture, fixtures, and equipment. The property holds both a cabaret and liquor license, ensuring immediate operational capability. This turnkey business is a proven money-maker, ready for a new owner. Alternatively, the substantial lot size and prime location make it an ideal redevelopment site. The property is zoned for commercial use. Serious inquiries only
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2764
- Latitude
- 42.4103
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
