For Sale or Lease | Turnkey Restaurant and Lounge

Highlights

• Across the street from Ronin Sushi. One of Royal Oak's most established and well regarded upscale restaurants anchors the corridor directly opposite the property.
• Class C liquor license available. Full permit stack available on negotiated terms, a meaningful diligence and capital advantage versus securing a new license.
• Corner positioning. Lafayette Avenue and 4th Street corner, three blocks west of Main Street's primary retail spine, within the Royal Oak DDA and Central Business District.
• Flexible transaction structures. Lease, sale, and lease with purchase option structures are each available to qualified prospects.
• Interior build out included. Dining room seating, bar build out, and integrated audio system convey with the deal.
• Public parking deck across the street. Eliminates the on site parking constraint that defines most downtown restaurant deals. The prior operating tenant successfully ran valet service from this configuration.
• Restaurant grade infrastructure in place. Commercial kitchen ventilation, grease management, gas service, and three phase electrical eliminate the most capital-intensive elements of a ground up restaurant build.
• Walk Score 97, Walker's Paradise. The property sits at the highest walkability tier in metro Detroit, supporting consistent walk in traffic and corridor density that define downtown Royal Oak's hospitality economy.

1 Space Available

Location