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14312 Pennsylvania Rd 2,500 SF Retail Building Southgate, MI 48195 $550,000 ($220/SF)
Investment Highlights
- .65 Acres w/ 40 Parking Spaces
- Many business uses
- 2,475 SF Option to Purchase The Established Business (sold separately).
Executive Summary
We are pleased to offer a unique opportunity to acquire a fully operational and exquisitely appointed Cigar Bar. This establishment represents a seamless acquisition for the discerning investor looking to enter or expand in the luxury lounge market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,500 SF
Building Class
B
Year Built/Renovated
1968/2005
Price
$550,000
Price Per SF
$220
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Zoning
C2, Southgate
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Stix Cigar & Martini Bar
- Retailer
- 2,500 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Stix Cigar & Martini Bar | Retailer | 2,500 SF | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 53-028-99-0008-702 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $176,100 |
Property Taxes
Parcel Number
53-028-99-0008-702
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,100
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Map
Contact the Sale Advisor
14312 Pennsylvania Rd