28080 WALTZ Road New Boston, MI 48164
Other
MLS #: 20250030101
Courtesy Of Keller Williams Showcase Realty
2730 Union Lake Road, commerce Township, MI 48382
2730 Union Lake Road, commerce Township, MI 48382
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Floors: 2
- Legal Description: 32A276 LOT 276 SUPERVISORS HURON PLAT NO. 6 T4S R9E L68 P30 WCR
- MLSID: 20250030101
- Roof Type: Asphalt
- Security Deposit: $250,000.00
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