Wayland, MI 49348,128 S Main Street

$412,500

$459,000

10.1%
Est.Price: ?

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Est. payment /mo

6,263 SqFt


SOLD DATE : 05/14/2024

Key Details

Sold Price $412,500

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 6,263 sqft

Price per Sqft $65

MLS Listing ID 65023132727

Sold Date 05/14/24

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1900

Annual Tax Amount $4,289

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 66'x99'

Property Description

OpenRoad Brewery and Restaurant! Business and Real-Estate ''For Sale''. To include all assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes nice oversized 2 bed, 2 bath downtown apartment with outside entrance and great views of the city. Along with an extra 8 parking spots and the oldest standing building in downtown Wayland! The red barn is fantastic storage, or turn it into an awesome barn themed space! OpenRoad Brewery is a staple of downtown Wayland. Being in business since 2016, surviving covid, and coming out profitable in 2022 this wonderfully cozy bar/restaurant deserves its 153 reviews on google with 4.4 stars! Don't miss out on owning this historic piece of Wayland!With an average NOI of $42,000 between 2019(pre-covid) and 2022 being only open for dinner Mon-Sun this business is on its upswing. With the NEW smash burgers outselling beer some days proving the dire need for more food in the area! Especially considering the rapidly expanding City of Wayland, with Allegan county being one of the fastest growing counties in West Michigan. Partially thanks to the mega-resort and 1200 acre development project currently underway by the Gun Lake Casino which will almost certainly bring an influx of business to the area. Ideal for a small time brewer to make it out on their own, an expanding hospitality business, or anyone who would like to jump into the world of small business! Call today for more information, or a private showing!; Power/Phase: 3 Phase; Power/Voltage: 480v/120v

Location

State MI

County Allegan

Area Wayland

Zoning Other

Direction East on W Superior from 131, south on S Main st, location on the right. Parking in rear of building off alley.

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Pool No

Utilities Available Elevator

Waterfront no

Roof Type Rubber

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Wayland Union

Others

Tax ID 5605000220

Ownership Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2016

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Century 21 Affiliated (GR)
Bought with Neighborhood Realty Group
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