MI > Wayne > New Boston > 28080 Waltz Road

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28080 Waltz Road Map / directions

New Boston, MI

48164 Market info

  • MLS# 20250030101
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248-304-6700

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248-208-3883

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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.

Property Information

Status
Active 
Address
28080 Waltz Road 
City
New Boston 
Zip
48164 
Year Built
1912 
Business Type
Retail 
Listing Date
05/01/2025 
List Price
$595,000
Architecture
2 Story 
County
Wayne 
Above Grade SqFt
3,450 
Possession
At Close 
Price/SqFt
172.46 

School Information

School District
Huron 

Taxes

Summer Taxes
$1,911 
Winter Taxes
$750 

Features

Current Use
2 Rental Units Above The Restaurant. 
Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Licenses
Carry-Out, Liquor 
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
20250030101 Active May 1 2025 11:36AM $595,000 46
20230096451 Withdrawn Active Dec 31 2023 7:05PM 53
20230096451 Active Nov 13 2023 9:36AM $675,000 53
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, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MIRC Logo

Listing Courtesy of Kw Showcase Realty
(248) 360-2900
Office Address 2730 Union Lake Road

28080 Waltz Road New Boston
Contact us
$595,000
For Sale • Acres: 0.21 • Zoning: Commercial