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: 4/1/2021

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;

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Demographic Statistics

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

Contact

Photograph of Listing Agent

Dennis Niec

Berkshire Hathaway Home Services
CPIX Member
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