Description

Opportunity to own your own Restaurant along with the property for a fair price, located in Downtown Ferndale!Unique & rare opportunity.Ferndale is one of the fastest growing areas just outside of Detroit, Return on Investment for both property & business is a GUARANTEE.Sale includes 6500 sq. ft of stand alone property, with a Class C redevelopment lic. endless sales opportunity, all trade fixture & kitchen equipment.Equipment & trade fixtures are in excellent condition.Commercial ventilation system kept in pristine conditions.Restaurant is open 7 days a week for lunch/dinner & late night,well known for their renowned craft beers.Seating capacity for private parties up to 50 guests,an amazing beer rm W/seating capacity of 42,& a unique patio/deck with capacity of 44 guests.This Tavern has created a lrg clientele base & is regularly full.Perfect size to accommodate the large over flow of guests from the Ferndale Dream Cruise & all year round street Festivities!

Details

MLS#31365383
StyleRetail
Sub-TypeResale
StatusActive
Year1928
Days On Site96

Features

SQ Feet6,500
Story(s)1
ZoningMixed Use,Multi-Family,Commercia

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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:
6,500
low | high
Med:
850
100% of Average
$ / SqFt:
$362
low | high
Med:
$200
94.713391739675% of Average
On Site:
96
low | high
Med:
130
73.846153846154% of Average
Listing Updated: 02/18/2019
MLS Number: 31365383
Listing Provided By:
Clementina Raia  of  Century 21 Town Country-Shelby
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