4515 N Lake Rd
Retail-Commercial
for Sale
| Catylist Listing ID: |
30721988 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
3,700 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$299,900 |
| Unit Price: |
$81.05 PSF |
| Property Use Type: |
Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/22/2021 |
Overview / Comments
Great opportunity to purchase a great, well established Bar-Restaurant-Back door lounge. Large building with 2 rental spaces attached.
40 years in business. Possible land contract. Reduced for quick sale. Sale included all equipment. Liquor license, lottery etc. Close to
Holloway Reservoir. Make offer! Hurry. Land contract terms are $100,000 down, 9% interest, $2500 a month, and 24 month balloon.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Lapeer |
| Tax ID/APN: |
01302904300 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
719 |
6,625 |
11,240 |
| Median Age: |
38.97 |
41.45 |
42.16 |
| Households: |
264 |
2,486 |
4,247 |
|
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