MI > Oakland > Birmingham > 357 S Old Woodward Avenue E
  • MLS# 20221061496
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248-304-6700

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248-208-3883

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Don't miss your chance to take over an established tailor shop that has been in business for over 27 years. This Birmingham Tailor shop is well known and located in the desirable downtown area, right next to the famous Daxton Hotel. The sale is for the business only and includes the furniture and equipment. The storefront features a shop area with 2 dressing rooms, a back work area, a kitchen, and a bathroom. There is designated parking in the structure next to the store, along with additional guest parking. The shop's rent is 1,200 per month triple net lease. A long-term lease is in place, which is renewable for any desired length. Net profit after paying all expenses is $110,000 a year. Buyers must be knowledgeable in tailoring or be partnered with someone experienced to run this goldmine of a business. Hours for the shop are 9:00 am to 5:00 pm, closed on Sunday and Monday. Selling only for cash, no land contract please.

Property Information

Status
Active 
Address
357 S Old Woodward Avenue E 
City
Birmingham 
Zip
48009 
Year Built
1989 
Business Type
Retail, Service 
Listing Date
11/14/2022 
Architecture
1 Story 
County
Oakland 
Above Grade SqFt
700 
Possession
At Close 
Price/SqFt
107.0 

School Information

School District
Birmingham 

Features

Current Use
Tailoring Shop 
Comm. Office Space
700 
Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20221061496 Active Nov 14 2022 6:40PM $74,900 128
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Re/Max First
(248) 375-4000
Office Address 32790 Woodward Ave

357 S Old Woodward Avenue E Birmingham
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$74,900
For Sale • Acres: 0.0 • Zoning: Commercial