36434 Groesbeck

Retail-Commercial for Sale
Catylist Listing ID: 30104262
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 5,900 SF
Gross Building Area: See Agent
Gross Land Area: 0.57 Acres
Sale Price: $599,000
Unit Price: $101.53 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User, Business
Building Name: Rayz
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2017

Overview / Comments

Real estate and business $599,000 + Inventory
Additional Lot 100x250 ( 2nd Lot North of Bar/Rest) Included in sale
Beer/wine/Liquor/Keno/Lotto License and Entertainment License
Large Deck off rear w/ separate bar area (over 4,000 SqFt)
Seats 120 not including outdoor deck
Business and equipment only, available for $299,000 + Inventory (Lease premises)
Showings ONLY prior 11:30AM by appt only
Financial Statement available

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 50-11-28-276-022
Retail Clientele: General, Family
Property Visibility: Excellent
Feet of Frontage: 100
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1 SF
Property Condition: Good
Year Built: 1977
Roof Type: Flat
Total Parking Spaces: 50
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 100
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,249 123,374 314,233
Median Age: 41.47 41.56 41.48
Households: 6,016 52,940 132,447

Source

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.