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Former Entertainment Club 20771 W 8 Mile Rd 8,736 SF Retail Building Detroit, MI 48219 $3,398,589 CAD ($389.03 CAD/SF)
Investment Highlights
- Rare offering with all components packaged for a seamless transition or redevelopment
- Exceptional exposure along W. Eight Mile Road with over 63,500 vehicles per day
- More than 117,200 residents within 3 miles and over 327,500 within 5 miles, offering a dense customer base
- Two parcels totaling 0.91 acres with an 8,736 SF building and expansive on-site parking, perfect for entertainment, nightlife, or hospitality uses
- Positioned in a revitalizing corridor with strong potential for transformation
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
8,736 SF
Building Class
B
Year Built
2007
Price
$3,398,589 CAD
Price Per SF
$389.03 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
1.00 AC
Zoning
B4 - General Business District
Frontage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-01-902-40-06L | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $557,746 CAD |
Property Taxes
Parcel Number
22-01-902-40-06L
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$557,746 CAD
Contacts
-
Deno Bistolarides -
Brandon Kassab -
Ryan Vinco -
Encore Real Estate Investment Services
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Former Entertainment Club | 20771 W 8 Mile Rd
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