19416 Livernois Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48221
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 2,925 sqft
Price per Sqft $991
Subdivision Sherwood Forest
MLS Listing ID 20251015516
Year Built 1952
Annual Tax Amount $8,283
Lot Size 3,049 Sqft
Property Sub-Type Business And Real Estate
Property Description
Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit Location
Your chance to own a highly profitable, fully operational business in the heart of downtown Detroit! This well-established cigar lounge, bar, and restaurant offers not only a premium atmosphere and loyal clientele but also includes the real estate—providing you with a rare opportunity to invest in both a booming business and valuable property.
Operating at an impressive 18% cap rate, this venture offers instant cash flow and strong long-term potential. The business is currently open only 41 hours per week, leaving significant opportunity for growth through extended hours or private event hosting.
Meticulously maintained and immaculately clean, the property and business present exceptionally well and require no immediate improvements. Whether you're a seasoned investor or an entrepreneur looking to step into a thriving enterprise, this is a must-see opportunity.
Don't miss out—contact us today for a private showing and financial details. Serious inquiries only.
Location
State MI
County Wayne
Area Det 6-8 Grfld-Dequindre
Zoning Commercial
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Utilities Available Security Alarm
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service