Wayne County Suburb Liquor Store Detroit, MI 48202
Profitable Retail Business, Huge Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 6,000 SF building on a 0.25-acre lot in a high-traffic area with ample parking; includes an additional unit for expansion or leasing.
- Normal market competition.
- Significant growth potential; owner-operator needed to maximize profitability; adding hot food service projected to increase sales.
- $799,999 asking price; $300,000 down payment, 10-year amortization at 8% interest, with a balloon payment due in 5 years.
- Seller providing training to the new owner.
- Sale due to unforeseen family health issues.
Property Details for 0 Wayne County Suburb Liquor Store
- Property type
- Retail properties, Bars
- Square Feet
- 6,000 SF
- Lot Size (sq. ft)
- 10,890 SF
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3664506
- Longitude
- -83.0737195
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Profitable Retail Business, Huge Potential
- Where is the retail property located?
- The property is located at Wayne County Suburb Liquor Store Detroit, MI.
- What is the asking price?
- The asking price for this property is $799,999.
- What are key features of this property?
- This property features: 6,000 SF building on a 0.25-acre lot in a high-traffic area with ample parking; includes an additional unit for expansion or leasing.; Normal market competition.; Significant growth potential; owner-operator needed to maximize profitability; adding hot food service projected to increase sales.
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