12
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$700,000
Est. payment /mo
2,400 SqFt
New
3535 W Vernor Detroit, MI 48216 1552
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $291
Subdivision Mi
MLS Listing ID 60394872
Annual Tax Amount $1,371
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 28.00 x 144.00
Property Sub-Type Commercial/Industrial
Property Description
Giovanna’s Lounge is a fully operational bar located on West Vernor Highway in Detroit’s Mexicantown neighborhood. The offering includes the real estate, a Class C liquor license, and all existing furniture, fixtures, and equipment. The building comprises a ground-floor bar with interior seating, pool table, and jukebox, as well as one of the largest outdoor patios in the area. Onsite surface parking is available for patrons. The second floor includes a two-bedroom residential unit, suitable for owner-occupancy or as an additional source of rental income. This property presents an opportunity for owner-operators or investors seeking a well-located, income-producing asset in one of Detroit’s most active commercial corridors.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Forced Air
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $450
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by O'Connor Realty Detroit, LLC