521 Broadway

Investment Highlights

Executive Summary

The iconic A&W building is for sale. Overlooking Stone Lake at the intersection M-60 and M-62, this building sits on .711 Acres +/- with an average daily traffic count over 7,000 vehicles per day. +/- 1,056 SF building with 30 parking spaces. The building has been completely remodeled with updated mechanicals. This flexible space is well suited for a variety of uses: bakery, cafe, restaurant, deli, or meat market. The beautiful lake setting could be home to a wine tasting room or relaxing salon & spa. There are grant incentives possible for this property and is located in a designated MI Opportunity Zone.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    1,056
• Year Built    2008
• Price    160,000
• Price Per SF    152
• Building Height    1 Story
• Building FAR    0.03
• Land Acres    0.71 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.