About This Restaurant
Investment Highlights
Executive Summary
REDUCED PRICE!! $199,500 Profitable established restaurant in Rhodes. Owner is ready to retire after many years of owning and operating the business. Plenty of room to grow income through increasing liquor sales. Sale includes class C liquor license, all kitchen equipment, pizza ovens, tables, chairs, fixtures, 4 parcels 020-040-019-009-00, 020-040-019-010-00. 020-001-300-007-01, and 020-040-019-006-00. Parcel 020-040-019-006-00 has a rental house with a month to month tenant.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant
- Building Size 1,326
- Building Class C
- Year Built 1960
- Price 199,500
- Price Per SF 150
- Percent Leased Vacant
- Building Height 1 Story
- Building FAR 0.13
- Land Acres 0.24 AC
Property Taxes
| Parcel Number | 020-040-019-009-00 | Improvements Assessment | $5,000 |
| Land Assessment | $62,200 | Total Assessment | $67,200 |
| Date Created: | 2024-07-16 04:16:19 | Last Updated: | 2024-07-16 04:16:19 |
| Address: | 2866 , Rhodes, Michigan, 48652 | ||