Super Restaurant Site

Retail-Commercial for Sale
Catylist Listing ID: 30639925
Property Subtypes: Restaurant
Building Size (RSF): 1,196 SF
Gross Land Area: 0.81 Acres
Sale Price: $250,000
Unit Price: $209.03 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

Great site used as a restaurant for over 25 years. Sale due to a death in the family. Located on Charlotte's south side just across the street From Charlotte High School and Performing Arts Center.

The area is is a mature residential neighborhood but on a major North/South artery leading to Downtown Central Business District. The main use for this property, for the last 25 + years has been a restaurant. Although the present business currently occupying the building is not for sale, much of the restaurant fixtures and equipment will remain.

Attachments & Media

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: City of Charlotte
Tax ID/APN: 200-013-300-200-00
Zoning: N/A
Retail Clientele: Family, Business
Property Located Between: M-50 & M-79
Property Visibility: Excellent
Largest Nearby Street: M-79
Feet of Frontage: 190
Site Description: Located directly across the Street from Weymouth Child Development Center, and Charlotte High School. This property is on a major North/South traffic system leading to the Central Downtown Business District.
Area Description: There is a mix of retail, office, and mature residential activity.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1960
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Lot Frontage: 190
Lot Depth: 186
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Land Ownership: Fee Simple
Legal Description: Too Long - See Listing Broker

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,572 12,625 17,910
Median Age: 35.03 37.78 38.73
Households: 2,288 4,982 6,977

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