19416 Livernois Avenue Detroit MI 48221 MLS #20251015516

19416 Livernois Avenue
Detroit, MI, 48221
$2,900,000
Beds
0 Baths
4,000 SqFt
0.07 Acres
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Turnkey Cigar Lounge, Bar & Restaurant for Sale – Includes Real Estate – Prime Downtown Detroit Location

Your chance to own a highly profitable, fully operational business in the heart of downtown Detroit! This well-established cigar lounge, bar, and restaurant offers not only a premium atmosphere and loyal clientele but also includes the real estate—providing you with a rare opportunity to invest in both a booming business and valuable property.

Operating at an impressive 18% cap rate, this venture offers instant cash flow and strong long-term potential. The business is currently open only 41 hours per week, leaving significant opportunity for growth through extended hours or private event hosting.

Meticulously maintained and immaculately clean, the property and business present exceptionally well and require no immediate improvements. Whether you’re a seasoned investor or an entrepreneur looking to step into a thriving enterprise, this is a must-see opportunity.

Don’t miss out—contact us today for a private showing and financial details. Serious inquiries only.

Property Details

Price:
$2,900,000
MLS #:
20251015516
Status:
Active
Beds:
0
Baths:
0
Address:
19416 Livernois Avenue
Type:
Commercial
Subtype:
Business and Real Estate
Subdivision:
SHERWOOD FOREST
Neighborhood:
05041 – Det 6-8 Grfld-Dequindre
City:
Detroit
Listed Date:
Jul 25, 2025
State:
MI
Finished Sq Ft:
4,000
Total Sq Ft:
2,925
ZIP:
48221
Year Built:
1952
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I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Heating
Forced Air, Natural Gas

Exterior

Construction Materials
Block
Security Features
Security System

Financial

Net Operating Income
$500,000
Taxes
$8,283

Map

Community

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19416 Livernois Avenue
Detroit, MI