Michigan Bar for Sale - Great terms!

By
Real Estate Agent with National Real Estate Network, LLC

 

Former nightclub on Joseph Campau Street in the Main Downtown district of Hamtramck.

Hamtramck has been home to numerous internationally renowned nightclubs including Motor Detroit. Billboard Magazine’s 13th Greatest Nightclub of All Time (out of 25).

 

http://www.billboard.com/photos/6730172/best-dance-club-of-all-time .

 

The building is a two story, approximately 6,000 sq. ft., solid brick and block building that was completely renovated in 2006 with a new 2,000 sq. ft., addition which included new electrical, plumbing, HVAC, new bars, fire sprinkling system, restrooms, roof, sound system, and dance lighting system. This building could be used in many other different business formats. The building is considered by the city one of its prime pieces of real estate.   

 

It is located less than one mile from I75 expressway with easy access and just a few minutes away from Downtown Detroit, Ferndale and Royal Oak.

 

 

There is an abundance of foot traffic in the area which is creating a new downtown business boom similar to what happened in Royal Oak and Ferndale. The city previously gave some DDA grants which fueled growth and businesses took advantage of the funding to renovate their store fronts making the area look great.

 

 

The building is between a new sushi restaurant, a new pizzeria, a new gourmet burger restaurant, a new hookah bar, and a new large scale restaurant across the street that is in its final phases of construction.

 

 

As a nightclub the legal occupancy capacity was 624. Two DJ booths are located 20 ft. above the large dance floor.

 

The property is available for $389,000 including the night club equipment.

It is priced for immediate sale! Over $400,000 was invested in just the renovation.

 

Seller owns the property free and clear and will consider "Seller's Financing" / "Land Contract Terms" with a minimum down payment of 25%.

 

For more information, please CONTACT Carlos Oxholm by phone at 248-410-3221 or John Cini at 248-677-1246. Brokers protected.

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Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning Ralph Mark Maupin wishing you well with the marketing of your listing ....hope the bar sells soon for you and the owner...

Sep 19, 2017 05:16 AM #1
Rainmaker
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Nancy Robinson Ranked #6 in MI
Century 21 Town and Country - Royal Oak, MI
#10 Century21 Realtor in the US, #16 in the World

Hi Ralph , How much for the Liquor license?  And hows parking?  I totally agree with you this looks like a nice opportunity.   

Sep 19, 2017 05:33 AM #2
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Ralph Mark Maupin

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