$210,000
$265,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
2,012 SqFt
SOLD DATE : 11/20/2023
Key Details
Sold Price $210,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 2,012 sqft
Price per Sqft $104
MLS Listing ID 69023013476
Sold Date 11/20/23
Originating Board Southwestern Michigan Association of REALTORS®
Year Built 1970
Annual Tax Amount $2,908
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 168x1319x168x1319
Property Description
HIGHLY SUCCESSFUL RESTAURANT SITS ON 5 ACRES ZONED COMMERCIAL ADJACENT TO SEVERAL LARGE FACTORIES ON US 131 BUSINESS IN CONSTANTINE, MI. The business features a drive through window, new POS system and inside booth seating for up to 64 patrons. The restaurant was closed from May 2022 through November when the current owner took over. New menu additions being added include sandwiches for the lunch trade, chicken nuggets and soft-serve ice cream this summer. Building sits on a slab, has a new fire suppression system, natural gas, wi-fi and well maintained equipment. The restaurant has cash flowed positively in the past and grossed $548k in 2021. The business is independently owned and has no franchise fees. Truck traffic averages close to 200 daily going to and from the factories on bus 131.
Location
State MI
County St. Joseph
Area Constantine Twp
Direction US 131 to BUS 131
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Composition
Road Frontage Paved
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Block/Concrete/Masonry,Vinyl
Schools
School District Constantine
Others
Tax ID 7500303601400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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