Party Event Venue For Sale

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30507268
Property Subtypes: Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,240 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $650,000
Unit Price: $78.88 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Detroit Circle Center for sale on Joseph Campau, just north of Caniff
This is in Hamtramck’s Central Business District – a trendy and vibrant area.
Features include 2 bars, VIP/ Lounge area, stage and dance floor with several updated finishes
Building allows for a 2-tenant opportunity, with separate entrances to 1st and 2nd Floors
Seller may consider a sale-leaseback
Contact broker for additional information

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: 41-007-16-0136-000
Zoning: CBD - CENTRAL BUSINESS DISTRICT
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,856 168,848 477,194
Median Age: 29.62 35.26 35.44
Households: 10,176 62,548 185,286

Contact

Photograph of Listing Agent

Randall S. Thomas

Insite Commercial CPIX Member
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