28080 Waltz Road, New Boston, Michigan

$595,000

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3,450

Square feet

0.21

Acres

About 28080 Waltz Road

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 Road

MLS® # 60390526
Price $595,000
Square Footage 3,450
Acres 0.21
Year Built 19
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 28080 Waltz Road
Area Huron Twp
City New Boston
County Wayne
State Michigan
Zip Code 48164 8631

Amenities

Is Waterfront No

Interior

Heating Forced Air

Exterior

Exterior Features Security Lighting
Roof Asphalt
Construction Vinyl Siding
Foundation Basement

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Showcase Realty

Listing Map

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