24 Seconds Bar & Grill
3071 12 Mile Road, Berkley, MI 48072
Marketing description
Positioned on highly desirable 12 Mile Road in one of Metro Detroit's strongest suburban downtowns, the property benefits from exceptional visibility, walkability, and a surrounding customer base with strong household incomes and year-round activity.
Downtown Berkley is becoming a premier dining and nightlife destination with the reopening of the Berkley Theater, Slows Bar BQ next door, new restaurant concepts, public events, and continued residential investment driving additional customer traffic.
The business has consistently generated high annual gross sales since opening, providing an owner-operator or investor with an established revenue stream while still offering meaningful opportunities to increase profitability through operational improvements, expanded programming, or revised food and beverage concepts.
A transferable Class-C liquor license is a significant barrier to entry and adds substantial value. Combined with an existing operating restaurant, it allows a buyer to begin operations immediately without the lengthy licensing process required for a new establishment.
The building was constructed with reinforced structural decking with an approximate 1,800-square-foot rooftop bar, creating increased capacity, sales volume, and overall property value.
Built in 2005, the approximately 4,050-square-foot building was specifically designed for restaurant/bar use, reducing capital expenditures typically associated with converting second-generation restaurant space. The existing infrastructure allows a buyer to focus on growing the business rather than major renovations.
Beyond the operating business, buyers are acquiring commercial real estate in one of Oakland County's most desirable downtown districts. Continued public investment, zoning modernization, residential growth, and increasing demand for downtown Berkley commercial properties create compelling long-term appreciation potential.
Investment highlights
- Rare Opportunity to Own the Real Estate and Business: Acquire the complete package fee simple real estate, an established operating restaurant, furniture, fixtures and equipment, and a valuable Class-C liquor license. Opportunities to purchase a turnkey hospitality asset in Downtown Berkley are extremely limited.
- Prime Downtown Berkley Location: Positioned on highly desirable 12 Mile Road in one of Metro Detroit's strongest suburban downtowns, the property benefits from exceptional visibility, walkability, and a surrounding customer base with strong household incomes and year-round activity.
- Positioned in a Rapidly Growing Entertainment District: Downtown Berkley is becoming a premier dining and nightlife destination with the reopening of the Berkley Theater, Slows Bar BQ next door, new restaurant concepts, public events, and continued residential investment driving additional customer traffic.
- Immediate Cash Flow with Significant Upside: The business has consistently generated high annual gross sales since opening, providing an owner-operator or investor with an established revenue stream while still offering meaningful opportunities to increase profitability through operational improvements, expanded programming, or revised food and beverage concepts.
- Valuable Class-C Liquor License Included: A transferable Class-C liquor license is a significant barrier to entry and adds substantial value. Combined with an existing operating restaurant, it allows a buyer to begin operations immediately without the lengthy licensing process required for a new establishment.
- Unique Rooftop Expansion Potential: The building was constructed with reinforced structural decking with an approximate 1,800-square-foot rooftop bar, creating increased capacity, sales volume, and overall property value.
- Modern, Purpose-Built Restaurant Facility: Built in 2005, the approximately 4,050-square-foot building was specifically designed for restaurant/bar use, reducing capital expenditures typically associated with converting second-generation restaurant space. The existing infrastructure allows a buyer to focus on growing the business rather than major renovations.
- Long-Term Real Estate Appreciation: Beyond the operating business, buyers are acquiring commercial real estate in one of Oakland County's most desirable downtown districts. Continued public investment, zoning modernization, residential growth, and increasing demand for downtown Berkley commercial properties create compelling long-term appreciation potential.
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