28080 Waltz

New Boston, MI 48164
  • $595,000

    Price
  • 0

    Bed
  • Bath
  • 3,450

    SqFt

About the Listing 101531 - 630421,667858

THE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years, but is fully intact with a carryout license and all the inventory. Plus as a bonus, there are 2 rental units upstairs that generate income as well. All appliances in the rentals are also included in the sale. Value Added Bonus: The roof was brand new in July of 2024. This restaurant has a fantastic history and a solid reputation as a meeting place for family and friends. The restaurant was open for ~36 years and the tavern was opened in the early 1900's and the seating capacity is 82. Help to rekindle this classic establishment with your own flair and vision. Land contract may be an option, with $250K down at 7% interest, $3,000 per month, 30 year amortization with a 5 year balloon. The liquor license is sold separately for $80K. The last full year in business generated ~$570,000 in sales when being open only 5 days a week. Their best year generated ~$800,000 in sales when being open 7 days a week.

Listing Highlights for 28080 Waltz

Status Active
Days on Site 135
Property Type Commercial Sale
MLS ® 60390526
Year Built 19
Total Square Footage 3,450
Lot/Acreage 0.21

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3450
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 95x94x88x135
  • Zoning: Commercial
  • Roof: Asphalt
  • Others: Security Lighting
  • Sewer: Public Sanitary

Financial Details

  • Tax Amount: $2,661
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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28080 Waltz New Boston, MI 48164

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Originating MLS: RealComp

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