Catylist ID:
#30843902
| 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 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,325 | 5,782 |
| Median Age: | 43.06 | 43.27 |
| Households: | 1,352 | 2,330 |
Contact
Scott MyersRE/MAX PlatinumCPIX Member |
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