Papio's Restaurant and Bar!

Retail-Commercial for Sale
Catylist Listing ID: 30843902
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,330 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $208.71 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

High-producing Papios Restaurant/Bar in Reese, MI! Conveniently located next to a County Line Golf Course and on a 1.89(+/-) acre lot.
The building has a large covered deck with a view of the golf course & driving range. Updates made to the building within the last 5 years
include new furnace, roof, carpeting,48k natural gas standby generator, bathrooms ( fixtures, toilets, handsfree urinals), siding,
windows, blinds, AC units, updated kitchen/dining, faux tin ceiling, sidewalks, landscaping, deep fryers, CO2 nitrogen pop/draft system,
kitchen cooktops, char griller, point of sale system, new modems with remote features, waitress station, flag pole, wifi thermostats, and
security system. The seating capacity is approximately 140 people. Outdoor area can be used for weddings, graduations, etc. The lower
level was previously used for a dining/ bar area. Hurry this rare opportunity will not last long!

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 06126134001002

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,325 5,782
Median Age: 43.06 43.27
Households: 1,352 2,330


Photograph of Listing Agent

Scott Myers

RE/MAX Platinum
CPIX Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions.