19416 Livernois Avenue Active

Detroit,MI 48221

$ 2900000

- Bed

0 Bath

2925 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,925 sqft

Price per Sqft $991

MLS Listing ID 20251015516

Year Built 1952

Annual Tax Amount $8,283

Lot Size 3,049 Sqft

Property Description

Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit LocationYour 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 Wayne County - 100

Zoning Commercial

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Schools

School District Detroit

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