$975,000
Est. payment /mo
2,429 SqFt
New
1350 W Fort Street Detroit, MI 48226 3007
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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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Curran & Oberski