MI
Wayne
Huron Charter Township
48164
28080 WALTZ Road
28080 WALTZ Road, Huron Charter Township, MI 48164
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Listing Type
Commercial/Industrial
Listing Status
active
42
$595,000

Home Details for 28080 WALTZ Road

Price
$595,000
Type
Commercial Sale
Bedrooms
2
Bathrooms
Square feet
3450
Year built
1912
Lot size acres
0.21
County
Wayne
Garage
Days on site
180
MLS Listing#
20250030101
Property Description

THE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years, but is fully intact with a carryout license and all the inventory. Plus as a bonus, there are 2 rental units upstairs that generate income as well. All appliances in the rentals are also included in the sale. Value Added Bonus: The roof was brand new in July of 2024. This restaurant has a fantastic history and a solid reputation as a meeting place for family and friends. The restaurant was open for ~36 years and the tavern was opened in the early 1900's and the seating capacity is 82. Help to rekindle this classic establishment with your own flair and vision. Land contract may be an option, with $250K down at 7% interest, $3,000 per month, 30 year amortization with a 5 year balloon. The liquor license is sold separately for $80K. The last full year in business generated ~$570,000 in sales when being open only 5 days a week. Their best year generated ~$800,000 in sales when being open 7 days a week.

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Property Features
  • Parking
    • Parking Lot
    • On Site
    • On Street
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Forced Air
    • Natural Gas
  • Utilities
    • Cable Connected
    • Underground Utilities
  • Water Features
    • Public
Listing Courtesy: KW Showcase Realty - 248-360-2900
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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