About This Restaurant
Investment Highlights
Executive Summary
Previously known as the Wine warehouse on Midland Street in Bay City. Now operating as Coven. This property was fully renovated in 2013. New roof installed in 2016 and a new fire suppression system was installed in the entire building. Beautiful bar area with 16 taps. 350 seating capacity. Large patio area in the rear of the building. Tastefully decorated inside and out. All fixtures and liquor licenses included in the sale. Mostly unfinished second story with one rented apartment generating income.
Property Details
- Sale Type Investment
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Bar Bar General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Bar
- Building Size 12,000
- Building Class C
- Year Built 1880
- Price 525,000
- Price Per SF 44
- Tenancy Single
- Building Height 2 Stories
- Building FAR 2.46
- Land Acres 0.11 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
Property Taxes
| Parcel Number | 09-160-020-403-004-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $164,500 |
| Date Created: | 2024-07-16 04:16:19 | Last Updated: | 2024-07-16 04:16:19 |
| Address: | 510 E Midland St , Bay City, Michigan, 48706 | ||