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: $195,000
Unit Price: $118.33 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Midnight Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2019

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. Potential income opportunity available with 824 SF 2nd floor living space which will need attention by future purchaser.

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Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: W161015279S
Zoning: R-2 TWO FAMILY RESIDENTIAL

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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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