Well Established Restaurant/Bar - Waterfront View

Retail-Commercial for Sale
Catylist Listing ID: 30754746
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 8,287 SF
Gross Building Area: See Agent
Sale Price: $895,000
Unit Price: $108 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Owner wants to retire. Amazing St. Clair Riverfront views. Approximately 6,157 SF operating restaurant / bar, Two Apartments. Newly remodeled. Includes furniture, fixtures, equipment and liquor license. Large private parking lot included. Two waterfront apartments above. Possible Redevelopment Opportunity.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Saint Clair
Taxing Authority: Marine City
Tax ID/APN: 74024750252000
Retail Clientele: General, Business, Tourist, Recreation
Property Visibility: Excellent
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,381 7,945 15,383
Median Age: 40.27 43.17 44.4
Households: 1,820 3,304 6,140
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