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1535 Old US Hwy 23

Howell, MI
Floors
1
Total Size
22,449 sqft
Zoning
COMMERCIAL
Year Constructed
1987
Year Renovated
0
Building Class

About 1535 Old US Hwy 23

THIS BAR/ RESTAURANT LEASE IS A TURN KEY FULLY FURNISHED AND EQUIPPED. UNLOCK THE DOOR, TURN ON THE LIGHTS AND OPEN FOR BUSINESS,

Well established bowling alley with 24 synthetic lanes. Updated digital screens and scoring equipment. Seating in the bowling alley for 638 people. Included is a lounge/ bar with seating for 94. Also included at the north end of the building is a 12,500 SF restaurant entertainment bar with the seating capacity of 480. Seller is willing to lease restaurant separately. The kitchen is extensive possibly catering and banquet opportunities. THE OWNER SPENT JUST OVER $700,000 IN KITCHEN EQUIPMENT. - Number of buildings: 2 - Building condition: Excellent

Companies at 1535 Old US Hwy 23

Tags Softball Complex Park

Internet Providers for 1535 Old US Hwy 23

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
1.5 Mb/s
Iserv DSL
10 Mb/s
768 kbps

The Market: Metro Detroit

Most listings are in the $20's per square foot per year. The Metro Detroit submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Metro Detroit market, the Metro Detroit region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
$21
/sqft/yr
2,528
sqft

Median Rate over Time in Metro Detroit