Reed City, MI - Unique Re-Development Opp. 842 S Chestnut St

842 S Chestnut St , Reed City, Michigan, 49677 | 2,020 sq.f | $ 259,900

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About This Restaurant

Investment Highlights

2nd Generation Restaurant Space * Owner-User Opportunity * Single Tenant Redevelopment Opportunity * Priced Below Replacement Value Close to Reed City Group Manufacturer * Across Reed City School (1,574 Students) * Close to Family Dollar Plenty of Parking * Great Street Visibility * Convenient Ingress and Egress * Possible Assemblage Opportunities RARE - Michigan Class C Liquor License License is available at an additional cost

Executive Summary

RARE - Michigan Class C Liquor LicenseLicense is available at an additional costWe are pleased to offer this vacant restaurant property, a former Pizza Hut. The property provides an opportunity for redevelopment or an owner/user. The property consists of 0.8 Acres with a restaurant building consisting of over 2,511 SF. The property was built in 1977 and has gone through various remodels over the years.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Redevelopment Project
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Auto Repair General Retail Fast Food General Retail Restaurant Freestanding
  • Building Size    2,020
  • Building Class    C
  • Year Built    1990
  • Price    259,900
  • Price Per SF    129
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    0.80 AC
Date Created: 2024-07-16 04:16:20 Last Updated: 2024-07-16 04:16:20
Address: 842 S Chestnut St , Reed City, Michigan, 49677