734 S WASHINGTON Street $549,900

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    734 S WASHINGTON Street Royal Oak, MI 48067

    • 2,400 sq. ft.
    • Commercial
    • MLS# 218090255
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    Views: 353 Days On Market: 658

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    Property Details

    HOOKAH JOE IN ROYAL OAK IS FOR SALE BUSINESS ONLY NO REAL ESTATE INVOLVE IN HEREPLEASE.....PREPARE HOOKAH TO SMOKE AND ALSO SELLING BEVERAGE AND CANDY TO GO.. THE ONLY GATHERING PLACE OF EVERYONE IN THE AREA DUE TO THE LOCATION OF: IMMEDIATELY ACROSS THE STREET FROM OCC, SO TONS STUDENTS AND TEACHERS ARE ALMOST THERE ON DAILY BASES AND IT IS ALWAYS A GREAT TIME TO ENJOY AT THIS PLACE (BEEN OPEN FOR 12 YEAR AND STILL GOING STRONG AS EVER).. ON VERY BUSY STREET IN HEART OF DOWN-TOWN ROYAL OAK. ALSO THE ONLY LICENCE HOOKAH IN THE CITY. HOURS ARE 2-2 DAILY AND WEEK-END 2-4. HUGE 2400 SQFT TWO STORY EUROPEAN STYLE STUDIO TURNS INTO A CAFE FOR SMOKING AND RELAXING. CLEAN AND VERY SHARP BUSINESS AND A UNIQUE PARLOR. LEASE IS LONG TERM FOR $2300 NET PER MONTH. $300,000 DOWN WITH LAND-CONTRACT (SELLER IS FINANCING). BUSINESS ONLY NO REAL ESTATE INVOLVE IN HERE PLEASE.

    • General Features
      • County Or Parish Oakland
      • Settlement City
      • Commercial Type Business Opportunity, Commercial
      • Business Type Recreational, Retail, Service
      • Current Use HOOKAH JOE
      • Lot Size Area 0
      • Zoning Commercial, Recreation
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 9999
      • Year Remodeled 2016
      • Sqft Total 2,400
      • Operating Expense $9,999
      • Net Operating Expense $170,000
      • Gross Scheduled Income $9,999
      • Tax Amount - Summer 700.0000
      • Tax Amount - Winter 310.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick, Stone, Wood, Other
      • Sqft Office 150
      • Office Heating Central Air
      • Plant Heating Central Air
    • Property Features
      • Commercial Utilities 220V Available, Cable TV, Security Alarm, Smoke Alarm
      • Road Frontage Type Paved
      • Frontage Feet 70
      • Lot Size Dimensions BUSINESS ONLY
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Royal Oak

    Contact

    Linda Raveau

    Linda Raveau

    Real Estate Consultant

    RE/MAX First

    Direct: 248-979-9187

    Neighborhood

    48067 (Royal Oak) Demographics

    34 Median Age
    5,450 Population Density (per sq. mile)
    65% College Educated
    $73,182 Estimated Median Income
    7,846 Estimated Total Home Owners
    4,491 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,017 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $273,250 Median Sales Price
    2 Homes Sold
    325 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $549,900
        9/14/2018 5:44:00 PM New in Database Source

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2020 Realcomp II Ltd. Shareholders.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.