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23440327
23440328

20771 Eight Mile W, Detroit, MI 48219

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RV
MI MI 6502375353
Encore Real Estate Investment Services
BK
MI 6501390606
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$2,495,000
385 days on market
Updated 31 days ago

Adult Entertainment Venue - Turn Key Business w Licenses

Details
APN 22-01-902-40-06
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 8,736
Net Rentable (SqFt) 8,736
Units 1
Tenancy Vacant
Class A
Year Built 2007
Stories 2
Acreage 0.240
Zoning B4
Parking Spaces 200 spaces
Parking Per SqFt 22.89
Investment Type Net Lease

Real Estate, Business, Liquor Licenses, Cabaret Licenses and FF&E Included - Turn Key

Marketing description

This former adult entertainment venue on Detroit’s Eight Mile Road offers a rare, turnkey opportunity with both a Liquor License and a Cabaret License included in the sale. The space is ideal for a nightclub, upscale private event space or banquet hall venue. With the licenses and infrastructure in place, a new owner can quickly rebrand and capitalize on Detroit’s vibrant nightlife scene.

The property also includes two lots with ample parking and approximately 575 feet of frontage. The 2007built, two-story, building is just under 9,000 square feet, fully built out with premium improvements including a state-of-the-art sound and lighting system, hidden in-wall bar coolers, kitchen equipment, seating, tables, and bar stools. The seller did not complete a full renovation after acquiring the property in 2023, however they invested roughly $400,000 in interior upgrades, enhancing the bars, booths, and installing all new TVs.

Investment highlights

  • Business, Licenses & Real Estate Included – Rare offering with all components packaged for a seamless transition or redevelopment

  • Prime Location – Two parcels totaling 0.91 acres with an 8,736 SF building and expansive on-site parking, perfect for entertainment, nightlife, or hospitality uses

  • High-Traffic Visibility – Exceptional exposure along W. Eight Mile Road with over 63,500 vehicles per day

  • Ideal for Visionary Developers – Positioned in a revitalizing corridor with strong potential for transformation

  • Robust Demographics – More than 117,200 residents within 3 miles and over 327,500 within 5 miles, offering a dense customer base

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RV
MI MI 6502375353
Encore Real Estate Investment Services
BK
MI 6501390606
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Additional Information

Name
Deno Bistolarides
License
6502378067
Name
Ryan Vinco
License
MI 6502375353
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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