20771 8 Mile Rd W Detroit, MI 48219
This former adult entertainment venue on Detroit’s Eight Mile Road offers a rare, turnkey opportunity with both a Liquor License and a Cabaret License included in the sale. The space is ideal for a nightclub, upscale private event space, banquet hall, or private party venue. With the licenses and infrastructure in place, a new owner can quickly rebrand and capitalize on Detroit’s vibrant nightlife scene.The property also includes two lots with ample parking and approximately 575 feet of frontage. The two-story, nearly 9,000 square foot building is fully built out with premium improvements including a state-of-the-art sound and lighting system, hidden in-wall bar coolers, kitchen equipment, seating, tables, and bar stools.The seller did not complete a full renovation after acquiring the property in 2020, however they invested roughly $400,000 in interior upgrades, enhancing the bars, booths, and installing all new TVs. Business Licenses & Real Estate Included – Rare offering with all components packaged for a seamless transition or redevelopmentPrime Location – Two parcels totaling 0.91 acres with an 8,736 SF building and expansive on-site parking perfect for entertainment nightlife or hospitality usesHigh-Traffic Visibility – Exceptional exposure along W. Eight Mile Road with over 63,500 vehicles per dayIdeal for Visionary Developers – Positioned in a revitalizing corridor with strong potential for transformationRobust Demographics – More than 117,200 residents within 3 miles and over 327,500 within 5 miles offering a dense customer base
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.