220 W Congress St 3,994 SF of Retail Space Available in Detroit, MI 48226

HIGHLIGHTS

  • Extraordinary Interior + Exterior Design.
  • Gorgeous impeccably restored historic mixed use building.
  • State-of-the-art HVAC, Kitchen and building systems.
  • Enclosed Outdoor Year Round Alley Space.
  • Stylish Cozy Bar and hip uniquely modern interior atmosphere, palette and finishes.
  • Attractive Financing Solutions / Packaging available to qualified purchasers.

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste B
  • 3,994 SF
  • 1-30 Years
  • $36.03 CAD/SF/YR
  • Retail
  • Full Build-Out
  • 30 Days

Incredible opportunity to acquire this beautiful newly constructed modern Mexican dining and drinking experience, Nuevo Seoul. At the heart of the steadily exploding Downtown Detroit Central Business District, this acquisition opportunity includes the Liquor License, Furniture, Fixtures, Equipment and all Inventory on premises. The acquisition is being offered at $1,350,000.00 and the new owner will assume the lease, which commenced July 2021. The Initial Lease Term is 10 years with (2) 5 Year Renewal Options. The 3,994 square foot space is an incredible blend of indoor and covered heated glass enclosed outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings. Attractive financing solutions / packaging readily available to qualified purchaser Fully Equipped, Turn Key Ready. Liquor License + Premium Furniture, Fixtures, Equipment and Inventory Included.

  • Rate includes utilities, building services and property expenses
  • Highly Desirable End Cap Space
  • Fully Built-Out as a Restaurant or Café Space
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste B 3,994 SF 1-30 Years $36.03 CAD/SF/YR Retail Full Build-Out 30 Days

1st Floor, Ste B

Size
3,994 SF
Term
1-30 Years
Rental Rate
$36.03 CAD/SF/YR
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1920/1998
Building Height
5 Stories
Building Size
42,000 SF
Building Class
B
Typical Floor Size
8,200 SF
Parking
Surface Parking
Surface Tandem Parking
Covered Parking
Covered Tandem Parking
Reserved Parking

PROPERTY OVERVIEW

The 3,994 square foot space is an incredible blend of indoor and covered heated glass enlosed outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings.

  • Bus Line
  • Restaurant
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)

NEARBY MAJOR RETAILERS

CrossFit
Starbucks
Comerica
Citizens Bank
Huntington National Bank
Flagstar
JPMorgan Chase Bank
PNC Bank
Bank of America
Capital One
  • Listing ID: 34160307

  • Date on Market: 2024-12-11

  • Last Updated:

  • Address: 220 W Congress St, Detroit, MI 48226