$370,000
$399,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
7,000 SqFt
SOLD DATE : 11/27/2024
Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $52
MLS Listing ID 81024022446
Sold Date 11/27/24
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1930
Annual Tax Amount $14,957
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 118 x 331
Property Description
ONE OF THE OLDEST FAMILY RESTAURANTS IN MICHIGAN! ALMOST 7,000 SQUARE FEET INCLUDING ALL KITCHEN EQUIPMENT, TABLES AND CHAIRS AND THE LIQUOR LICENSE! AT APPROX. $58 A SQUARE FOOT, THIS IS A STEAL! KEEP IT AS IS, A WHITE TABLECLOTH RESTAURANT, OR TURN IT INTO A SPORTS BAR OR BREW HOUSE. EITHER WAY, YOU WON'T FIND A BETTER DEAL. NEW ROOF IN THE LAST 2 YEARS, KITCHEN EQUIPMENT ALL IN GREAT CONDITION, FURNACE AND CENTRAL AIR ARE IN GREAT CONDITION. 4 BEDROOM APARTMENT UPSTAIRS ADDS TO THE APPEAL (THE UPSTAIRS APARTMENT NEEDS UPDATING/RENOVATING, BUT WOULD BE A GREAT INCOME PRODUCER). MASSIVE AMOUNT OF PARKING SPACE. APPOINTMENT ONLY WITH ADVANCE NOTICE. DO NOT APPROACH THE STAFF OR OWNERSHIP!! SELLER'S AGENT MUST BE PRESENT FOR SHOWINGS. ORIGINAL STRUCTURE BUILT IN 1930 AND ADDED IN 1968.
Location
State MI
County Monroe
Area Frenchtown Twp
Direction Corner of N Dixie and S grove
Interior
Heating Forced Air
Heat Source Natural Gas
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Block/Concrete/Masonry,Frame,Wood
Schools
School District Jefferson Schools-Monroe Co
Others
Tax ID 0781611302
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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