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.
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 #:
20251035087
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Business and Real Estate
Subdivision:
SHERWOOD FOREST
Neighborhood:
05041det68grflddequindre
Listed Date:
Sep 11, 2025
Finished Sq Ft:
4,000
Total Sq Ft:
2,925
Year Built:
1952
See this Listing
Schools
School District:
Detroit
Interior
Heating
Forced Air, Natural Gas
Exterior
Construction Materials
Block
Security Features
Security System
Financial
Taxes
$8,283
Map
Community
- Address19416 Livernois Avenue Detroit MI
- SubdivisionSHERWOOD FOREST
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Nov 06, 2025
3,418
Single Family Listed
108
Avg DOM
83
Avg $ / SqFt
$155,016
Avg List Price
Property Summary
- Located in the SHERWOOD FOREST subdivision, 19416 Livernois Avenue Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $2,900,000 and features 0 beds, 0 baths, and has approximately 4,000 square feet of living space, and was originally constructed in 1952. The current price per square foot is $725. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $155,016. To schedule a showing of MLS#20251035087 at 19416 Livernois Avenue in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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