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28080 Waltz

New Boston, MI 48164
  • $595,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 20250030101
UPDATED: 237 min ago
$595,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,450
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

THE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years, but is fully intact with a carryout license and all the inventory. Plus as a bonus, there are 2 rental units upstairs that generate income as well. All appliances in the rentals are also included in the sale. Value Added Bonus: The roof was brand new in July of 2024. This restaurant has a fantastic history and a solid reputation as a meeting place for family and friends. The restaurant was open for ~36 years and the tavern was opened in the early 1900's and the seating capacity is 82. Help to rekindle this classic establishment with your own flair and vision. Land contract may be an option, with $250K down at 7% interest, $3,000 per month, 30 year amortization with a 5 year balloon. The liquor license is sold separately for $80K. The last full year in business generated ~$570,000 in sales when being open only 5 days a week. Their best year generated ~$800,000 in sales when being open 7 days a week.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-18T23:50:34.767.
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28080 Waltz New Boston, MI 48164

  • Price: $595,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 237 min ago
  • MLS #: 20250030101
0
Beds
0
Baths
0
½ Baths
0.21
Acres
3,450
SQFT
$172
$/SQFT
Neighborhood:
Huron Twp (82161)
County:
Wayne
Area:
Huron Twp (82161)
Property Description
THE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years, but is fully intact with a carryout license and all the inventory. Plus as a bonus, there are 2 rental units upstairs that generate income as well. All appliances in the rentals are also included in the sale. Value Added Bonus: The roof was brand new in July of 2024. This restaurant has a fantastic history and a solid reputation as a meeting place for family and friends. The restaurant was open for ~36 years and the tavern was opened in the early 1900's and the seating capacity is 82. Help to rekindle this classic establishment with your own flair and vision. Land contract may be an option, with $250K down at 7% interest, $3,000 per month, 30 year amortization with a 5 year balloon. The liquor license is sold separately for $80K. The last full year in business generated ~$570,000 in sales when being open only 5 days a week. Their best year generated ~$800,000 in sales when being open 7 days a week.
Exterior Features

Exterior Construction Vinyl Siding Exterior Features Security Lighting Foundation Type Basement Frontage 277 Lot Size 95x94x88x135 Roads Paved Street Roofing Asphalt Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air Water Heater Gas

Property Features

Assessments Amount 0 Business Type Retail Commercial Type Commercial/Industrial Financial Terms CashConventional Lease YN Yes Municipality Huron Twp Occupant Tom Gaunt Ownership Private Present Licenses Carry Out LicenseLiquor License SEV 82000 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 1911 Taxable Value 47290 Total Tax Amount 2661 Water Public Water Winter Tax Amount 750 Zoning Commercial

Listing courtesy of KW Showcase Realty : 248-360-2900.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-18T23:50:34.767.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507