Grill & Bar 406 9th St NE

Investment Highlights

130 ft Lakeshore Dock access Turnkey Grill & Bar

Executive Summary

Restaurant Bar 130' of LakeshoreWith a loyal customer base, trained staff and a well-established reputation, thisturnkey full-service American cuisine grill and bar is located in a quiet residential neighborhood on the stunning shores of lake and is the perfect turnkey opportunity for restaurateurs looking to make a splash in a desirable location.HIGHLIGHTS Stunning lakeshore views make the grill and bar a sought-after venue for boaters,parties, and special events. The interior is designed efficiently, well-decorated,spacious, and offers ample seating and a full-service bar and kitchen. Outdoorseating area is a major draw during the summer months, enhancing themagnificent view and providing a enjoyable dining experience. A cherishedgathering place for 17 years, this prized restaurant draws in locals and visitors alikewith its inviting family atmosphere, signature drinks, and all-encompassing menufeaturing steak, walleye, ribs, pastas, burgers, sandwiches/wraps, baskets,flatbreads, an outstanding salad bar, and breakfast on Sundays.

• Sale Type    Owner User
• Sale Conditions    Ground Lease (Leasehold) Ground Lease (Leasehold) Business Value Included Ground Lease (Leasehold)
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    4,564
• Building Class    C
• Year Built    1908
• Price    699,000
• Price Per SF    153
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.50
• Land Acres    0.21 AC