4853 SCHAEFER ROAD RD $1,300,000

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    4853 SCHAEFER ROAD RD Dearborn, MI 48126

    • 8,234 sq. ft.
    • 0.19 Acres
    • Commercial
    • MLS# 40105426
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    Views: 166 Days On Site: 315

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    Property Details

    LIFE TIME OPPORTUNITY TO OWN A RESTAURANT/ENTERTAINMENT/HOOKAH LOUNGE IN THE HEART OF DEARBORN. SEATS 303 AND HOOKAH LOUNGE SEATS 70 PEOPLE. THE FACILITY HAS 11,000 SQ FEET (1ST FLOOR). ALL EQUIPMENT INLUDED IN SALE: WALK IN COOLER AND FREEZER, SOUND SYSTEM, LIQUOR LICENSE, AND HOOKAH LICENSE. IT'S CURRENTLY USED AS A MID-EASTERN CUISINE RESTAURANT AND, BUT NOT LIMITED TO, AN ENTERTAINMENT HALL WITH A NEXT DOOR HOOKAH LOUNGE. PERFECT PLACE TO HOLD WEDDING RECEPTIONS/MEETINGS/PARTIES/ETC. ALSO INCLUDES AN OUTDOOR PATIO AND HAS AN UPSTAIRS AREA THAT COULD BE USED TO HOST SMALL CONFRENCES/AS AN OFFICE/OR LOUNGE AREA. BUILDING HAS THREE ADDRESSES. BE DISCRETE- DON'T APPROACH OWNER. THIS IS AN EXCELLENT OPPORTUNITY TO OWN THE ESTABLISHED ENTERTAINMENT FACILITY ADONIS RESTAURANT. BANQUET HAS BEEN IN BUSINESS SINCE 2002. THE SALE PRICE INCLUDES BUSINESS REAL ESTATE AND ALL LICENSES.

    • General Features
      • Acreage 0.19
      • Area Municipality Dearborn (82093)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision MAPLEWOOD PARK
      • Waterfront Y/N No
      • Year Built 1941
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • Lot Size 55.00X113.00
      • Sewer Septic Public At Street

    Contact

    Greg Finch

    Greg Finch

    Real Estate Consultant

    RE/MAX Platinum

    Primary: 734-765-7272

    Neighborhood

    48126 (Dearborn) Demographics

    27 Median Age
    4,875 Population Density (per sq. mile)
    25% College Educated
    $30,661 Estimated Median Income
    6,930 Estimated Total Home Owners
    5,928 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    47,789 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $163,000 Median Sales Price
    18 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,300,000
        9/22/2020 1:07:00 AM New in Database Source: Multiple Listing Service New Value: $1,300,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.