$386,000
$386,000
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785 SqFt
SOLD DATE : 01/03/2023
Key Details
Sold Price $386,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 785 sqft
Price per Sqft $491
MLS Listing ID 79001330188
Sold Date 01/03/23
Originating Board Central Michigan Association of REALTORS®
Year Built 1900
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66 x 165
Property Description
Opportunities like this do not come by often. Do not let this one pass you by. This business remained profitable during what history will show as one of the toughest times to be successful in the restaurant industry. This owner is willing to pass along all the training and knowledge to ensure a successful transition to the next owner so you can enjoy over 20 years of success as well. With a current capitalization rate of over 22%, solid year over year profitability, and maintainable earnings over $85k all this business and property needs is its next owner.
Location
State MI
County Montcalm
Area Lakeview Vlg
Zoning Commercial
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Metal
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Vinyl
Schools
School District Lakeview (Montcalm)
Others
Tax ID 04271604500
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
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Bought with CENTURY 21 LEE-MAC REALTY
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