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.


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

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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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