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20050 Livernois Ave
Detroit, MI 48221
Former Restaurant · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Spacious Restaurant/Bar Opportunity: Fully built-out space designed for high-volume dining and entertainment.
  • Indoor & Outdoor Dining: Features two patios—one fully enclosed and heated for year-round use.
  • Technology -Ready: Full audio sound system, Videosystem, Security system
  • Occupancy: Licensed for up to 130 people.
  • Modern Amenities: Full Bar with all equipment includedWalk-in cooler/freezer Takeout window for added revenue stream

EXECUTIVE SUMMARY

Evolve at Encore is proud to exclusively present this fantastic turn-key restaurant for sale in the vibrant neighborhood of Avenue of Fashion. Fully built out in 2022, this establishment is now ready for a new owner. The restaurant’s moody black, green, and gold-accented interior was the work of Black-owned design firm Urban Alterscape. The property comes fully equipped with a complete bar inventory, decor, tables, chairs, and all necessary equipment, providing a seamless transition for the new owner.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1959/2022
Price
$1,650,000
Price Per SF
$550
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.24 AC
Zoning
B2
Parking
14 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
37’ on Livernois Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-004480
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$96,600
  • Listing ID: 33262733

  • Date on Market: 9/21/2024

  • Last Updated:

  • Address: 20050 Livernois Ave, Detroit, MI 48221

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