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$595,000
3,450
square ft

28080 Waltz Road
New Boston, Michigan 48164

Active / MLS #20250030101 / Commercial / Mixed Use / New Boston
Listing information updated 10/15/2025 at 10:25am
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.
Lot Size:
0.21 Acres
Acreage:
0.21
Built:
1912
Cooling System:
Central Air, Wall Window Units
Roof:
Asphalt
Current Use:
Residential, Restaurant, Service
Business Use:
Commercial, Mixed, Retail
Zoning:
Commercial
Building Square Feet:
3,450
Current Net Income:
$12,500
Tax Amount:
$2,661
Tax Year:
N/A
Zip Code:
48164
City:
New Boston
County:
Wayne

Listing Office: KW Showcase Realty

Listing Office Phone: 248.360.2900

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2025 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

$316,645
Average Sale Price
82
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 28080 Waltz Road, New Boston, MI 48164

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28080 Waltz Road, New Boston, MI 48164 is a commercial / mixed use currently listed at $595,000. This commercial / mixed use has been listed on @properties REMI Christie's International Real Estate since May 1st, 2025 and was built in 1912.