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Former Entertainment Club 20771 W 8 Mile Rd 8 736 pi² Commerce de détail Immeuble Detroit, MI 48219 3 398 589 $ CAD (389,03 $ CAD/pi²)
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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bar
Taille du bâtiment
8 736 pi²
Classe d’immeuble
B
Année de construction
2007
Prix
3 398 589 $ CAD
Prix par pi²
389,03 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
1,00 AC
Zonage
B4 - Quartier d'affaires général
Façade
Assez praticable à pied
50/100
Très facile d’accès en voiture
80/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 22-01-902-40-06L | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 556 919 $ CAD |
Impôts fonciers
Numéro de lot
22-01-902-40-06L
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
556 919 $ 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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