42-62 PIQUETTE Street Active

Detroit,MI 48202

$ 2100000

0 Bed

- Bath

5696 SqFt


Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $368

Subdivision Hubbard & Kings Sub Of Park Lot 46 (Plats)

MLS Listing ID 20240068712

Originating Board Realcomp II Ltd

Year Built 1968

Annual Tax Amount $3,695

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 152.00 x 98.00

Property Description

Welcome to 42 Piquette! Built in 1862, this iconic and historically significant commercial building is located in the heart of Midtown Detroit. A rare opportunity for the discerning investor, this property is home to a vibrant and well-established bar/restaurant, complete with liquor licenses for beer, wine, and spirits, as well as a food service and an expansive patio. The sale includes the family-owned Historic House Bar & Grill, which has been a beloved Detroit establishment since 1978. In addition to its spacious patio, the property offers a sand volleyball court and outdoor games, providing a fun and engaging atmosphere for patrons. This property represents a unique chance to acquire a commercial asset with rich history, an unparalleled location, and tremendous potential for future growth. Sale includes 3 parcels. 42, 52, 62 Piquette. Please request confidentiality and broker agreement to review financials. Do NOT discuss nor tour the businesses without previous permission from broker. List agent & or owner will accompany you on your tour.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Commercial

Direction Woodward and Piquette Ave

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W01I001786S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash,Conventional,Warranty Deed

Rebuilt Year 2018

Listing Terms Cash,Conventional,Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

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