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USAMIDetroitSherwood Forest19416 Livernois Ave
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$2,900,000

19416 Livernois Ave, Detroit, MI

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Businessand Real Estate
Levels Commercial Sale
Size 4000 sqft
Garage No
Maintenance Fees 
Taxes $8,283
Days Active 38
Approx. Age 1952
Avg. Price Per Sqft $725
MLS® Number 20251015516

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit Location Your 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.Show Description
MLS® Number20251015516
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1952
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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