141 W 8 Mile Road
Detroit, MI 48203

$1,300,000

Description

CABARET LICENSE FOR ANY FORM OF ADULT ENTERTAINMENT. NEWLY CONSTRUCTED GENTLEMEN'S CLUB COMPLETED DECK OUT FOR NEW OWNER TO RE-ESTBALISH ONE OF THE MOST LEGENDARY BUT SIMPLE GENTLMENS CLUB IN THE CITY OF DETROIT. ORIGINALLY WAS CALLED BOOBY TRAP WHICH MANY ARE FAMILIAR WITH THEN BECAME THE SUCCESSFUL KING OF DIAMONDS. OWNER CHANGED NAME TO DREAMS BUT NOW HAS DECIDED TO SELL THIS AMAZING ASSET. THS INCLUDES LIQUOR LICENSE AND GENTLEMENS CLUB LICENSE AS WELL AS THE BUILDING AND PARKING LOT and PARKING LOT ACROSS THE STREET HOLDS ABOUT 40 PLUS VEHICLES, ALSO OWN LAND BEHIND MAIN PARKING LOT. BUSINESS CAN BE RE-ESTABLISHED FOR NEW OWNER WHO IS READY TO MAKE THIS GREAT AGAIN!

Details

MLS#219021739
StyleIndustrial
Sub-TypeResale
StatusActive
Year1948
Days On Site10

Features

SQ Feet2,100
Story(s)1
ZoningCommercial

Market Activity 48203

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48203
AreaDet 6-8 Grfld-Dequindre
Listing VS Median (in 48203)
Price:
$1,300,000
low | high
Med:
$39,900
100% of Average
SqFt:
2,100
low | high
Med:
1,476
79.714285714286% of Average
$ / SqFt:
$619
low | high
Med:
$27
100% of Average
On Site:
10
low | high
Med:
5
100% of Average
Listing Updated: 03/25/2019
MLS Number: 219021739
Listing Provided By:
John Pickell  of  RE MAX Classic
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.