Midnight Inn

Retail-Commercial for Sale
Catylist Listing ID: 30394634
Property Subtypes: Free-Standing Building, Tavern/Bar/Nightclub
Building Size (RSF): 1,648 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $184,000
Unit Price: $111.65 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Midnight Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Midnight Inn, located at the corner of Wesson and St. Hedwig. This Southwest Detroit site was built in 1927 and served as the local neighborhood bar until 2018. FF&E and liquor license is included in the sale, or liquor license can be sold separately (real estate $99,000 plus $85,000 for optional liquor license). Potential income opportunity available with 824 SF 2nd floor living space which will need attention by future purchaser. Motivated seller!

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: W161015279S

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,984 144,938 371,693
Median Age: 27.86 31.76 33.93
Households: 7,571 52,020 139,806


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