Long Lake Twp, MI 49685,7270 N Long Lake Road

$1,300,000

$1,385,000

6.1%
Est.Price: ?

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Est. payment /mo

6,547 SqFt


SOLD DATE : 07/01/2024

Key Details

Sold Price $1,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,547 sqft

Price per Sqft $198

MLS Listing ID 78080017119

Sold Date 07/01/24

Originating Board Aspire North REALTORS®

Year Built 1995

Lot Size 2.010 Acres

Acres 2.01

Lot Dimensions 278x407x250x260x32x149

Property Description

The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. The Fresh Coast Market offers 200 Michigan Made products. Fresh Coast Market has significant opportunities to expand their exclusive food production capacities for salads, sandwiches and takeout. This offering is a sale/leaseback at a 10% CAP for the real estate only. The seller is offering the sale/leaseback on a 5-year lease with a 5-year Option. The Business and property combined is also available for $2,400,000.

Location

State MI

County Grand Traverse

Area Long Lake Twp

Zoning Commercial

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Utilities Available 3 Phase Power

Roof Type Asphalt

Accessibility Disabled Access

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Frame,Stone,Wood

Schools

School District Traverse City

Others

Tax ID 0801102311

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Kevin L Endres of Three West, LLC
Bought with Key Realty One-TC
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