Real Estate One-Dbn Hts/Dbn
Listed by Real Estate One-Dbn Hts/Dbn
$2,500,000
16736 Ecorse Road
Details
APN 30023060297310
Property Type Business for Sale, Land
Sub Type Business and Building, Hunting/Recreational
Square Footage 8,680
NOI $250,000
Year Built 1945
Acreage 0.850
Business for Sale | 8,680 SqFt
Marketing description
Turnkey Banquet & Wedding Hall for Sale – High-ROI Facility Prime Metro Detroit Investment Opportunity Acquire the real estate and operational assets of the highly profitable Queen's Palace banquet hall. Situated on a prime 0.75-acre lot near the high-traffic Allen Road corridor, this venue features a robust book of event business with an uninterrupted operational track record since 2015 Key Features Spacious Layout: Massive main hall with private administrative offices and extensive storage. Turnkey Asset: Sale includes essential FF&E (tables, chairs, and premium event equipment). Commercial Kitchen: Modern back-of-house culinary facility fully equipped for high-volume catering. Ample Parking: Exceptional parking ratio including a primary lot and an additional overflow lot. Strategic Location: High visibility and regional accessibility near major Allen Park transit arteries.
Listing Contacts
Real Estate One-Dbn Hts/Dbn
Listed by Real Estate One-Dbn Hts/Dbn
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
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