About This Restaurant
Investment Highlights
5,526 +/- SF Restaurant with 6,000 +/- SF Pavilion Fully renovated in 2018 Liquor License
Executive Summary
For Sale by Court Appointed Receiver - 5,526 +/- SF Restaurant built in 1940 with a full renovation in 2018. Property includes a 6,000 +/- SF Pavilion and the entire property is on 1.78 +/- acres with plenty of parking. Property includes a vestibule entrance, bar, seating area, full kitchen, office space, with a walk in cooler and freezer . The total dining space features approximately 99 seating spaces. Zoned B-3, Business. Light Manufacturing. The property is on a well with private septic. Includes a Liquor License and Resort License. The Pavilion was built for additional entertainment and includes an axe throwing area.
Property Details
- Sale Type Owner User
- Sale Conditions High Vacancy Property High Vacancy Property Court Appointed Sale High Vacancy Property
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar Restaurant
- Building Size 11,526
- Building Class C
- Year Built/Renovated 1940/2018
- Price 1,099,000
- Price Per SF 95
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.15
- Land Acres 1.78 AC
Amenities
- Fireplace
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Property Taxes
Parcel Number | 010-028-200-020-01 010-028-200-020-02 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $697,500 |
Date Created: | 2024-07-16 04:16:19 | Last Updated: | 2024-07-16 04:16:19 |
Address: | 4029 Old 27 S , Gaylord, Michigan, 49735 |