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$699,000 for Sale

19706 sherwood, detroit, MI 48234

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Property Description
Investor Alert! Rare opportunity to acquire a well-established, high-traffic liquor store with real estate and liquor license included . This profitable business has served the community for 15+ years and continues to thrive. The building is clean, well-maintained, and recently updated within the last 4â??5 years. Flexible layout includes a commercial kitchen for added income potential. Current hours offer immediate expansion opportunity: Monâ??Thurs (9â??9), Friâ??Sat (10â??10), Sun (10â??9). Perfect for seasoned investors or owner-operators seeking a turnkey operation with strong cash flow and value-add upside. Seller retiring - don't miss this proven income-generating asset!
General Information
Sale Price: $699,000
Price/SqFt: $213
Status: Active
MLS#: 686
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.25
Lot Dim: 100X111
Size: 3,280 sq.ft.
Acreage: 0.25 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $3,055
Est. Winter Taxes:  $423


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Ahmed Almawri of Real Estate One-Dbn Hts/Dbn

This listing last updated: Fri, June 27, 2025 at 4:27:01 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, July 16 2025 at 4:39am
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Listings presented by:
Ahmed Almawri
Real Estate One-Dbn Hts/Dbn
Call: (313) 522-0110

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