About 28080 Waltz Rd
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 of 28080 Waltz Rd
MLS® # | 20250030101 |
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Price | $595,000 |
Bathrooms | 0.00 |
Square Footage | 3,450 |
Acres | 0.21 |
Year Built | 1912 |
Type | Commercial |
Status | Active |
Community Information
Address | 28080 Waltz Rd |
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Area | 05161 - Huron Twp |
City | Huron charter township |
County | Wayne |
State | Michigan |
Zip Code | 48164 |
Amenities
Parking | On Site, On Street, Parking Lot |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air, Natural Gas |
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Cooling | Central Air, Wall/Window Unit(s) |
Fireplace | No |
Exterior
Construction | Vinyl Siding |
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Foundation | Basement, Brick/Mortar |
School Information
District | Huron |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | KW Showcase Realty |
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Contact Info | tomgaunt@kw.com |