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Financial
Distress signals
Property profile

16550 Telegraph Rd Detroit, MI 48219

OFF-MARKET
Bars & Pubs
Property ID
US43-0947201
1,950 SF 0.29 ac lot Built 1965
Last sale Jul 2026 · $264,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2024$71k
Effective rate7.92%

Value estimate

· Oct 2026
$145k
$131k – $160k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.2
Dental Office22.9
Law Firm21.9

Location

16550 Telegraph Rd Detroit, MI 48219-3727
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18850 Mcnichols, Detroit, MI 48219-4159 $40,000 Apr 2025 2,090 SF
20551 Grand Riv, Detroit, MI 48219-3334 $160,000 Oct 2024 1,786 SF
19410 Mcnichols, Detroit, MI 48219-4057 $100,000 Oct 2024 2,580 SF
18450 Mcnichols, Detroit, MI 48219-4161 $40,000 Aug 2024 2,400 SF
18216 7th Mile, Detroit, MI 48219-2960 $69,000 Oct 2023 1,380 SF
18825 7th Mile, Detroit, MI 48219-2703 $17,000 Aug 2023 1,588 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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