Dino's Lounge
Ferndale, MI 48220

$2,350,000

Description

Rare & unique opportunity located in fast growing Ferndale!Sale includes Restaurant Business,Class C transferable Liquor License, & the Real Estate.This commercial property also has plenty of redevelopment potential.Great opportunity to own a VERY well known-established Restaurant Bar located on the highly traveled road of Woodward Ave with endless growth possibilities!All Equipment is in excellent condition.Commercial Ventilation System kept in pristine conditions,includes all Cooking/Kitchen equipment,gadgets & off site catering equipment.Last but not least,the restaurant was newly renovated one year ago,Professional interior design,freshly painted,all dining rm & bar furniture are in brand new condition.Huge bar,spacious main flr dining rm with a capacity seating of 107 guests and a beautiful back landscaped patio with a seating capacity of 100 guests.A perfect size to accommodate the large over flow of guests during the popular Ferndale Dream Cruise events & year round festivities!

Details

MLS#31365382
StyleIndustrial
Sub-TypeResale
StatusActive
Year9999
Days On Site95

Features

SQ Feet5,000
Story(s)1
ZoningProfessional Office,Commercial

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Area Information

StateMI
CountyOakland
CityFerndale
Zip Code48220
AreaFerndale (63258)
Listing VS Median (in 48220)
Price:
$2,350,000
low | high
Med:
$169,900
100% of Average
SqFt:
5,000
low | high
Med:
850
100% of Average
$ / SqFt:
$470
low | high
Med:
$200
100% of Average
On Site:
95
low | high
Med:
129
73.643410852713% of Average
Listing Updated: 02/17/2019
MLS Number: 31365382
Listing Provided By:
Clementina Raia  of  Century 21 Town Country-Shelby
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