Bar & Grill
Retail-Commercial
for Sale
| Catylist Listing ID: |
30812494 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
2,240 SF
|
| Gross Land Area: |
0.27 Acres
|
| Sale Price: |
$179,900 |
| Unit Price: |
$80.31 PSF |
| Property Use Type: |
Business |
| Building Name: |
Tim and Paula's Chillys |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/25/2023 |
Overview / Comments
|
Thriving Neighborhood Bar and Grill with lots of parking plus extra Arlington/Davison corner vacant lot for parking. Well maintained for many years by this owner with improvements galore. Recent updates; parking lot, new smoke room, and extra lot on Arlington. The liquor license (Class C), business, equipment and name is an additional $50,000. Plus Cash for the inventory. Sales price of $179,900 is for real estate. Land contract terms on real estate only with $100,000 down,7.25% Interest, 5 years.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$3,847 (Annual) |
Additional Details
| Nearest MSA: |
Flint |
| County: |
Genesee |
| Taxing Authority: |
Flint |
| Tax ID/APN: |
4105456018 |
| Zoning: |
D-3 |
| Retail Clientele: |
General, Family, Business, Traveler |
| Property Located Between: |
Franklin & Dort |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Dort Hwy. |
| Feet of Frontage: |
105 |
| Highway Access: |
I-69 |
| Airports: |
Flint Bishop International |
| Site Description: |
Corner Lot |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,240 SF |
| Property Condition: |
Excellent |
| Year Built: |
1986 |
| Year Renovated: |
2020 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick 1 story with lots of parking |
| Total Parking Spaces: |
23 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Bar and Grill with open floor plan |
| Zoning Description: |
D-3 Community Business |
| Lot Frontage: |
105 |
| Lot Depth: |
113 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
| Legal Description: |
LOTS 147 & 148 ARLINGTON PL |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,915 |
90,061 |
180,602 |
| Median Age: |
33.84 |
35.35 |
35.87 |
| Households: |
5,996 |
35,585 |
71,179 |
|
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