Address
734 S Washington Street Royal Oak, MI
Price
$ 549,900
Property Attributes
  • ML#218090255
  • TypeCommercial
  • CountyOAKLAND
  • CityRoyal Oak
  • AreaRoyal Oak
  • Zip48067
  • StyleHOOKAH JOE
  • Taxes1010
  • Price$ 549,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2400
Listing Provided Courtesy Of:
RE/MAX First
Data Source:
REALCOMP II LTD.
Property Description

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.

Price History
9/14/2018 Listed $549,900

General Features

Business Type Recreational, Retail, Service
Commercial Type Business Opportunity, Commercial
Construction Materials Brick, Stone, Wood, Other
Cumulative Days on Market 1221
Current Use HOOKAH JOE
Deposit Amount 300000.00
Gross Scheduled Income 9999.00
Heating Central Air
Land Contract Yes
Listing Agent Public Id 289022
Net Operating Income 170000.00
Operating Expense 9999.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number BUSINESS ONLY
Possession At Close
Property Type Commercial
School District Royal Oak
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Land Contract
Total Sq Ft 2400
Transaction Type Sale
Year Built 9999
Year Remodeled 2016
Zoning Commercial, Recreation

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Block
Frontage Feet 70
Lot Size Area 0.00
Lot Size Dimensions BUSINESS ONLY
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Silverstone Real Estate and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of April 18, 2021 5:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48067

Price
AVG $540K
$550K
Taxes
AVG $7,534
$1,010
Visits
AVG 25
132
Walkscore
AVG 75
75
Data Provided by Walkscore ® not using MLS data