5026 Us-131, Sw, South Boardman

$375,000

0 Beds
0 Baths
2,180 Sqft
14 Acres
0 Garages

Long established local landmark and community favorite restaurant located in a rural setting on a major highway that leads into a major northern Michigan city. This restaurant seats 65 people, serving breakfast, lunch, and dinner, along with pizza and takeout. The nearest competition is nearly 10 miles away. The business has a solid local clientele and repeat seasonal tourism year round. It has received excellent ratings on Facebook and Trip Advisor. The restaurant sits on a total of 14 acres which are zoned commercial/agricultural/residential, and it is situated on a busy corner of the highway with easy on/off access. This is an ideal business for a young couple or a family to own and operate, and it has shown an increase in business every year for the current owners. In 2018 sales grossed $800,000. The current owner is willing to work with a buyer to ensure a seamless transition in ownership and assist you through the processes of bookkeeping and operating for a successful business year. The property has potential for expansion such as truck stop and/or rental cabins. The sale would include all property and equipment. With many up grades to the building and equipment including new roof, new windows, new septic and grease trap system, and mostly new equipment in the last two years. Owners will consider splitting the real estate and reducing the price.

Essential Information
MLS® #1868513
Price$375,000
Bathrooms0.00
Square Footage2,180
Acres14.00
Year Built1980
TypeCommercial
Sub-TypeHospitality, Commercial Sale
StatusActive
Community Information
Address5026 Us-131, Sw
Subdivisionnone
CitySouth Boardman
CountyKalkaska
StateMichigan
Zip Code49680
Amenities
FeaturesNone
ParkingNone
Utilities

WATER: Municipal Water SEWER: Municipal

Interior
HeatingNatural Gas, Forced Air
BasementSlab
Exterior
Exterior FeaturesBlock
Lot Description435 x 483 x 211
RoofAsphalt
ConstructionBlock
Additional Information
Date ListedOctober 14th, 2019
Days on Market30
Zoning

Residential, Commercial, Agricultural

Listing Details
OfficeThree West, LLC
Office Address1131 E. Eighth Street
Property History
Status Changed from New to Active

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