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$600,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Pending
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $250
Subdivision Pococks
MLS Listing ID 20250036097
Year Built 1922
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type BusinessandRealEstate
Property Description
Giovanna's Lounge is a fully operational bar located on West Vernor Highway in Detroit's Mexicantown neighborhood. The offering includes the real estate, a Class C liquor license, and all existing furniture, fixtures, and equipment. The building comprises a ground-floor bar with interior seating, pool table, and jukebox, as well as one of the largest outdoor patios in the area. Onsite surface parking is available for patrons. The second floor includes a two-bedroom residential unit, suitable for owner-occupancy or as an additional source of rental income. This property presents an opportunity for owner-operators or investors seeking a well-located, income-producing asset in one of Detroit's most active commercial corridors.
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC
Nearby Locations
Latonia Knox
Broker Associate | License ID: Ga: 365526 Mi: 6506048686
+1(678) 674-7929 | lknox@axenrealty.com