Friday, December 21, 2018

Detroit's Woodbridge Pub changes hands, makes plans for renovations

Posted By on Fri, Dec 21, 2018 at 10:04 AM

click to enlarge WOODBRIDGE PUB'S FACEBOOK PAGE
  • Woodbridge Pub's Facebook page

Woodbridge Pub has finally sold after originally being listed on the market in April of 2017.

The popular bar and restaurant just west of Wayne State campus sold early Tuesday morning, Crain's reports. The 1,300 square-foot property on Merrick Street and Trumbull was purchased by partners Yanni Dionisopoulos and Spiro Vamvakas. Both of Woodbridge Pub's new owners bring previous Greektown restaurant experience to the table: Dionisopoulos owns Exodos nightclub and Golden Fleece restaurant in Greektown, while Vamvakas is the owner of Pappy's Bar and Grill on Monroe Avenue.



Jim Geary, who opened the bar and restaurant in 2008, will maintain ownership of the building, but Dionsiopoulos and Vamvakas will absorb the establishment's restaurant equipment as well as its business and liquor license.

The original asking price for the building and a nearby parcel of land was $1.225 million in 2017, but Geary settled for a restaurant buy-out of $215,000 with a monthly lease of $4,000, according to Ryan Cooley of O'Connor Real Estate.

Dionosiopoulos and Vamvakas have plans to renovate the interior early in spring of 2019, which will require the bar and restaurant to close for at least a week. Vamvakas told Crain's that he intends to bring live bands, host trivia nights, and offer new specials to attract people to the neighborhood.

Although Geary opened Woodbridge Pub in 2008, he was never "a restaurant person," he told Crain's last spring. "I just did it because that's what the neighborhood needed."

So many restaurants, so little time. Sign up for our weekly food newsletter delivered every Friday morning for the latest Detroit dining news.

Tags: , , ,

We welcome readers to submit letters regarding articles and content in Detroit Metro Times. Letters should be a minimum of 150 words, refer to content that has appeared on Detroit Metro Times, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at letters@metrotimes.com.

Support Local Journalism.
Join the Detroit Metro Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Metro Times Press Club for as little as $5 a month.

Read the Digital Print Issue

May 12, 2021

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Best Things to Do In Detroit

© 2021 Detroit Metro Times - Contact Us

Website powered by Foundation