1350 W Fort Street new

Detroit,MI 48226 3007

$ 975000

- Bed

- Bath

2429 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,429 sqft

Price per Sqft $401

Subdivision Mi

MLS Listing ID 60928113

Annual Tax Amount $5,720

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50X130

Property Sub-Type Commercial/Industrial

Property Description

Turnkey building and a thriving restaurant business or sale in Downtown Detroit - Prime Location, Priced to sell! This is your chance to own a fully equipped, well-maintained restaurant in the heart of downtown Detroit's booming commercial and entertainment corridor. With a 23.1% growth in the local market since 2010 and a population of upwardly mobile professionals, this property offers unmatched potential for culinary success. Property Highlights: Central Location Nestled among manufacturing plants, retail stores, medical offices, U.S Postal building, major sports arenas, local nightclubs/bars, with frequent festivals and events that drive consistent foot traffic, in addition, walking distance to high-rise apartments and condominiums. Affluent Demographics: The area is home to predominantly single, white-collar professionals, with median home prices around $300,000 - ideal for attracting a loyal, high-spending clientele. Delivery-Friendly Market: With 25% of residents working remotely, the neighborhood is primed for delivery and takeout services. Fully Equipped & Ready to Operate: Includes two large walk-in coolers, complete cooking equipment, and 15 booths. Everything is in excellent working condition. Well-Kept Interior: The restaurant has been meticulously maintained, offering a fresh and inviting atmosphere for guests and staff alike. Establishment is under-marketed. The seller has owned and managed for over 20 + years, now ready to pass the keys on to a new owner! Motivated Seller: Priced below market value for a quick sale - this is a rare opportunity to acquire a high-potential property at a competitive price. Whether you're a seasoned restaurateur or a visionary entrepreneur, this space offers the perfect blend of location, infrastructure, and community momentum to bring your concept to life.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial,Mixed Use,Professional Office,Residential

Interior

Heating Forced Air

Building

Water Public Water,Public Water at Street

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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