Waterfront bar Restaurant with boat slips

Retail-Commercial for Sale
Catylist Listing ID: 30720659
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,200 SF
Gross Land Area: 8,715 SF
Sale Price: $825,000 - 1,600,000
Unit Price: $257.81 - 500 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Business
Building Name: Snappers on the Water
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 6.0%
Last Updated: 9/27/2022

Overview / Comments

PRICE is for bar/restaurant/apartment ONLY, on all sports Bennett Lake. Currently Snappers Bar & Grill. Recently renovated Bar/Restaurant. Liquor Class C License, All fixtures, Inventory, Boat Docks/Slips. Restaurant/Bar 1.5 story Approx. 3200 Sq. Ft. Lots 15, 16, 17, 21, 22, 23 Basement. Seller will consider land contract. 3 Separate houses ALSO AVAIL for addition price.(see separate listings) House A)Ranch: approx. 1472Sq Ft 3 Beds/2Bath lot 18 plus 10ft lot 17. B)1.5 Story Log Cabin Approx. 1400Sq Ft 2Bed/2Bath, lot 19. C)2 Story Approx. 1600Sq Ft 3Bed/1Bath,lot 20. This PRICE is for Bar/Restaurant/Apartment cash for additional 3 Houses - Contact Listing Agent.

Additional Details

Nearest MSA: Flint
County: Genesee
Submarket/Township: Howell/Brighton Area
Taxing Authority: Deerfield twp
Tax ID/APN: 03-02-208-019
Zoning: C2
Retail Clientele: General, Family, Tourist, Recreation
Property Located Between: Bennett and Lobdell lakes. Few miles West of Fenton, South of Linden, North of Hartland,Howell
Property Visibility: Excellent
Largest Nearby Street: Bennett Lk Rd
Feet of Frontage: 110
Highway Access: Near US 23
Airports: DTW. Oakland Co., Flint Bishop International
Site Description: Existing Waterfront Bar/Restaurant
Area Description: Rural or Distant Suburban, quick access to x ways and major metropolitan hubs, Flint, Pontiac, Ann Arbor, Lansing, Detroit
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,200 SF
Property Condition: Good
Year Built: 1920
Year Renovated: 2008
Construction/Siding: Wood Frame
Exterior Description: Wood siding, some corrugated steel, on channel and bridge between Lobdell and Bennett Lk Rd.
Parking Type: Surface
Parking Description: Pavement North and East contiguousto structure
Heat Type: Natural Gas, Propane
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: Recently remodeled into TexMex. Now being run as a Snappers, Lakeside bar with bar food.Fish special on Friday.
Zoning Description: C2 carryout
Lot Frontage: 160'
Lot Depth: 117'
Water Service: Well
Sewer Type: Municipal
Easements: Other
Easements Description: Keeler Dr
Legal Description: SEC 2 T4N R5E LAKEVIEW PLAT, LOTS 15,16,17 EXCEPT THE S 10 FT OF LOT 17; ALSO LOTS 21, 22 AND 23 LAKEVIEW PLAT;

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,454 29,260
Median Age: 39.63 40.63
Households: 4,802 11,025


Photograph of Listing Agent

Dennis Niec

Berkshire Hathaway Home Services
CPIX Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.