The Ausable River Restaurant 412 N Morenci Ave

412 N Morenci Ave , Mio, Michigan, 48647 | 4,900 sq.f | $ 399,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

High traffic location Near the AuSable River

Executive Summary

This is a great value opportunity offering a long operating history, newly updated and modern restaurant with full bar including class C liquor license, all inventory, fixtures, and pizza ovens. Spacious indoor and outdoor patio dining, with fireplace.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,900
  • Building Class    C
  • Year Built    1980
  • Price    399,000
  • Price Per SF    81
  • Tenancy    Single
  • Building Height    1 Story
  • 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.

Property Taxes

Parcel Number 00641300200 Improvements Assessment $0
Land Assessment $0 Total Assessment $148,800
Date Created: 2024-07-16 04:16:19 Last Updated: 2024-07-16 04:16:19
Address: 412 N Morenci Ave , Mio, Michigan, 48647