Bought with Patti Warnke • CENTURY 21 LOOKING GLASS
$145,000
$174,900
17.1%For more information regarding the value of a property, please contact us for a free consultation.
101 N Robinson Street Perrinton, MI 48871
3,500 SqFt
Key Details
Sold Price $145,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $41
Subdivision Mi
MLS Listing ID 1889849
Sold Date 11/30/21
Year Built 1979
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 120 x 130
Property Sub-Type Retail/Commercial
Property Description
Fantastic opportunity to own a turn-key restaurant and bar located just off M-57 in Perrinton MI, known as the Rainbow Inn. This property is very near to the bustling community of Rainbow Lake and there is very limited competition in the area. Built in 1979 this 3,500 sq. ft. brick exterior building has had many updates including custom bar top, new flooring, ADA ramp, and renovated bathrooms and kitchen improvements. There is a large dance floor and seating for 80 +. Outside there is ample parking and room for outdoor patio seating. Clean and well lit patrons can bring their whole family here. All building contents are included in purchase with exception to the POS system, darts, jukebox and ATM which are contracted and can continue. Liquor licenses subject to state approval of buyer.
Location
State MI
County Gratiot
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air, Window Air Conditioner
Cooling Forced Air, Window Air Conditioner
Exterior
Exterior Feature Brick
Roof Type Asphalt
Present Use Restaurant/Food Service,Bar
Road Frontage Public Maintained, Blacktop
Total Parking Spaces 30
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 29-43-100-011-00
Ownership Private Owner
Acceptable Financing Conventional Mortgage, Commercial Loan, Cash
Listing Terms Conventional Mortgage, Commercial Loan, Cash
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