$595,000

28080 Waltz Road, New Boston, MI 48164

  • 3,450 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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.

Listing Status:
Active
Date Added:
May 1, 2025 at 05:00AM
Listing Office:
KW Showcase Realty : 248-360-2900
Listing Agent:
Thomas Gaunt : 248-767-6931
MLS ID:
60390526
  • Appliances: Gas Water Heater
  • Heating: Forced Air
  • Roofing: Asphalt
  • General: Vinyl SidingBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • County: Wayne
  • Zoning: 32A276 LOT 276 SUPERVISORS HURON PLAT NO. 6 T4S R9E L68 P30 WCR
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Thomas Gaunt, KW Showcase Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brown Elementary School

25485 Middlebelt Rd, New Boston, MI, 48164

Grades PK-5

3.83 miles away

C

Carl T Renton Jr High School

31578 Huron River Dr, New Boston, MI, 48164

Grades 6-8

2.91 miles away

H

Huron High School

32044 Huron River Dr, New Boston, MI, 48164

Grades 9-12

2.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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