For Sale - 28080 WALTZ Road, New Boston, MI 48164

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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 595,000

Est. payment | -/mo

3,450 SqFt

Save

$ 595,000

Est. payment | -/mo

Save

3,450 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,450 sqft

Price per Sqft $172

Municipality Huron Twp

Subdivision Huron Twp

MLS Listing ID 20250030101

Year Built 1912

Annual Tax Amount $2,661

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 95x94x88x135

Source Realcomp

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.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial

Direction On the SW corner of Waltz & Mineral Springs in downtown Waltz MI.

Rooms

Basement Basement

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Brick/Mortar

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Huron

Others

Tax ID 75127010276000

Listed by KW Showcase Realty

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

28080 WALTZ Road New Boston, MI 48164