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Property profile & analytics
FOR SALE
Night clubs

20771 8 Mile Rd W Detroit, MI 48219

8,736 SF
Property ID
US43-Q012158
No photos on file
For Sale
$2,495,000 8,736 SF
20771 8 Mile Rd W, Detroit, MI 48219
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Property summary
AI-generated overview

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

Property profile
Verified
Property type Night clubs
Total area 8,736 SF
UPID US43-Q012158
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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