About This Restaurant
Investment Highlights
Award Winning Turn Key Business Traffic Count 13,700+ Located on Primary Road
Executive Summary
Be your own boss! This award winning and turn key local eatery seeks its next owner to carry on the legacy for generations to come. Located on a primary road (M-99/W Carleton Rd) with traffic count over 13,700 daily and area dining visit up 11% year over year. Remodels in 2015 and 2018 included roof, HVAC, seating, equipment, refrigeration, and generator. Parking +/- 50 vehicles and seating +/- 90 patrons. Sale includes real state, business, and intellectual property. Monument LED sign on M-99 draws in the crowds and the service/food makes them customers for life. Hillsdale County itself is an outdoor enthusiasts paradise with 350 lakes and ponds and holds the headwaters of five major rivers. Contact Commercial Realtor with your questions or for assistance with commercial lending.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
- Building Size 2,356
- Year Built/Renovated 1975/2018
- Price 795,000
- Price Per SF 337
- Business Value 500,000
- Percent Leased Vacant
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 0.83 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
- Restaurant
- Signage
- Drive Thru
- Monument Signage
- Fiber Optic Internet
- Smoke Detector
Property Taxes
| Parcel Number | 006-227-203-10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $137,400 |
| Date Created: | 2024-07-16 04:16:18 | Last Updated: | 2024-07-16 04:16:18 |
| Address: | 75 W Carleton Rd , Hillsdale, Michigan, 49242 | ||