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$700,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $291
MLS Listing ID 20250036097
Year Built 1922
Annual Tax Amount $1,371
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 28.00 x 144.00
Source Realcomp
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 Wayne County - 100
Zoning Commercial
Direction SW Corner of Vernor and 24th Street
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Block
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I000280S
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Listed by O'Connor Realty Detroit, LLC
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Rob Young
Broker Associate | License ID: 6506039987
Broker Associate License ID: 6506039987