New Boston, MI 48164 28080 WALTZ Road
$595,000



36 more




































Presented By: KW Showcase Realty - 248-360-2900
Home Details
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.
Presented By: KW Showcase Realty - 248-360-2900
Interior Features for 28080 WALTZ Road
Other Interior Features
Basement Y/NNo
Fuel TypeNatural Gas
General for 28080 WALTZ Road
AreaHuron Twp (82161)
Associated Document Count1
BUSINESS TYPERetail
CityNew Boston
ClassCOM/IND/BUS OPP
CountyWayne
DOM401
DirectionsOn the SW corner of Waltz & Mineral Springs in downtown Waltz MI.
Financial TermsCash, Conventional
HeatingForced Air
Lease Y/NYes
Legal Description32A276 LOT 276 SUPERVISORS HURON PLAT NO. 6 T4S R9E L68 P30 WCR
MunicipalityHuron Twp
Originating MLSRealComp
OwnershipPrivate
PossessionAt Close
Postal Code48164
Price Per Sq Ft Total AG172.46
Primary CityNew Boston
Public RemarksTHE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years
RoofAsphalt
Sale/RentFor Sale
Security Deposit250000
Source MLSMI Real Source
StatusActive
StatusActive
Status Detail0
SubdivisionMI
Subj to Short Sale ApprvlNo
TypeCommercial/Industrial
Virtual TourClick here
WaterPublic Water
Water HeaterGas
Year Built19
ZoningCommercial
Exterior for 28080 WALTZ Road
ExteriorVinyl Siding
Exterior AmenitiesSecurity Lighting
FOUNDATION TYPEBasement
Frontage277
Lot Dimensions95x94x88x135
Lot Size Area0.21
RoadsPaved Street
Waterfront Y/NNo
Additional Details
Price History
Bikram Sanghera
Agent
SQFT • 3,450