Bought with Bob Fall • CENTURY 21 LEE-MAC REALTY
$386,000
$386,000
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9743 N Greenville Road Lakeview, MI 48850
785 SqFt
Key Details
Sold Price $386,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 785 sqft
Price per Sqft $491
Subdivision Mi
MLS Listing ID 1897866
Sold Date 01/03/23
Year Built 1900
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66 x 165
Property Sub-Type Retail/Commercial
Property Description
Opportunities like this do not come by often. Do not let this one pass you by. This business remained profitable during what history will show as one of the toughest times to be successful in the restaurant industry. This owner is willing to pass along all the training and knowledge to ensure a successful transition to the next owner so you can enjoy over 20 years of success as well. With a current capitalization rate of over 22%, solid year over year profitability, and maintainable earnings over $85k all this business and property needs is its next owner.
Location
State MI
County Montcalm
Zoning Commercial
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Central Air
Cooling Forced Air, Central Air
Exterior
Exterior Feature Vinyl
Roof Type Metal
Present Use Restaurant/Food Service
Road Frontage Public Maintained
Total Parking Spaces 12
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 042 716 045 00
Ownership Private Owner
Acceptable Financing Conventional Mortgage, Commercial Loan, Cash
Listing Terms Conventional Mortgage, Commercial Loan, Cash
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