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 | Active

    $549,900

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    Days On Market: 218 24 Views
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    Property Details

    HOOKAH JOE IN ROYAL OAK IS FOR SALE....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 ALL STUDENTS AND TEACHERS ARE ALMOST THERE DAILY AND ALWAYS GREAT TIME TO ENJOY BEEN THERE (BEEN OPEN FOR 12 YEAR AND STILL GOING STRONG AS EVER).. VERY BUSY STREET AND 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 AND REST AS LAND-CONTRACT.

    • 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 70X100
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Royal Oak

    Contact

    Levan Wood

    Manager

    RE/MAX Eclipse

    Office Phone: 248-792-2621

    Neighborhood

    48067 (Royal Oak) Demographics

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

    Market Last 30 Days

    $184,000 Median Sales Price
    2 Homes Sold
    124 New On Market

    Average Days on Market

      Properties for Sale

        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 2019 Realcomp II Ltd. Shareholders.