$475,000 pending
402 s main, standish, MI 48658
Property Description
Ten + years in business. This successful and reputable restaurant is of high demand in this rural area of Standish. Excellent location with 200' of frontage on US-13/23 with a DTC of approximately 14,000 for high exposure. Plenty of on site parking of approx. 30 spaces. Restaurant currently occupies the east section of approximately 4,230 SF with the west section of 3,960 SF left for further development. Total capacity is 120 with 60 on the west section and 60 on the east section of the restaurant. Total building size of approx. 8,190 SF. All equipment (most newer), furniture & fixtures are included in the sales price. The real estate is also included in the sales price. Annual real estate taxes are approximately $7,790. Inventory is in addition to the sales price. Five campgrounds surround the area in addition to all of the traffic that heads north on a weekly basis. Please contact Commercial Equities for business details. Reduced from $525,000.
General Information
Sale Price: $475,000
Price/SqFt: $112
Status: Pending
MLS#: 50120518
City: standish
Post Office: standish
County: Arenac
Acres: 0.5
Lot Dim: 200' X 110'
Size: 4,230 sq.ft.
Acreage: 0.5 est.
Year Built: 0
Tax, Fees & Legal
Est. Summer Taxes: $3,884
Est. Winter Taxes: $4,082
Listing Courtesy of: Sandra Covaleski of Commercial Equities
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This listing last updated: Tue, November 14, 2023 at 6:36:10 AM EST
BCRA Listing Data Last Updated on Sun, April 28 2024 at 5:33pm
