Cobo Joe’s Bar & Restaurant

PRICE JUST REDUCED – LAND CONTRACT MAY BE AVAILABLE.              COBO JOE’S.    Ready to go. After 34 years of successful operations, now it’s your turn to make this your first success or add another location to your existing concept. Everything is fully functional and ready for a new owner. Work this store every day or watch every transaction on line on your POS and watch it happen on the cameras – on your computer or your phone! A loyal clientele has grown up here and now their kids are coming in…. And the party continues.  Although lunch and dinner make up a good portion of sales, there is plenty of room for expansion of the food service. Rumor has it that a new Ribhouse Menu is about to be launched. Before and after the downtown sporting events and Cobo Hall shows it will be difficult to put many more customers through the door. Watch for the luxury bus service to all downtown events. This new service will cover all the Comerica Park, Ford Field, Opera House, Fox Theater and Music Hall events.  Enough parking to fill the place is just steps away from the front door. Park and stay for dinner/drinks or take the Luxury Bus all the events and avoid the downtown parking frustration. Take a look! You won’t regret it.

  • Address: 422 West Congress Street, Detroit, Michigan 48226 
  • Building Size: 3800 
  • Seating: 130 
  • Additional Revenue: lotto, 
  • MLCC: Class C 
  • Price: 295,000 
  • For Sale: For Sale 
  • Parking: Public and Private Parking 
  • Basement: Basement 
  • Down Payment: 140,000 
  • Land Contract: Purchase contract may be available to qualified buyer 
  • Phone Number: 248-866-4855 

Community Features

Lease Terms

$5,700 per mont GROSS

Sale Terms

Cash. Terms may be available to a qualified buyer with half of the purchase price as a down payment.

Size Information

3,800 square feet