700 Martin Luther King Drive
Retail-Commercial
for Sale
| Catylist Listing ID: |
30836080 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
6,084 SF
|
| Gross Land Area: |
0.89 Acres
|
| Sale Price: |
$995,000 |
| Unit Price: |
$163.54 PSF |
| Ceiling: |
13 ft. |
| Property Use Type: |
Vacant/Owner-User, Business |
| Usable Size (USF): |
6,084 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/24/2023 |
Overview / Comments
|
Beautiful turn key restaurant ready for a new dining concept. Large dining rooms, ample bar area, outdoor patio seating, and a full kitchen with large walk in cooler. This former Brann's Steakhouse is located within eyeshot of Celebration Cinema Theater and Crossroads Mall. All furniture, fixtures and equipment is included in the sale or lease of the building. Ample parking. Excellent condition. Liquor license may be available in a separate transaction. Excellent opportunity!
|
Additional Details
| Nearest MSA: |
Kalamazoo-Portage |
| County: |
Kalamazoo |
| Taxing Authority: |
Ciy of Portage |
| Tax ID/APN: |
3910-00009-015-N |
| Zoning: |
B-2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
Constitution & Crossroads Mall |
| Property Visibility: |
Excellent |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
6,084 SF |
| Property Condition: |
Good |
| Year Built: |
1997 |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Lot Frontage: |
151 |
| Lot Depth: |
270 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,051 |
52,872 |
133,100 |
| Median Age: |
35.32 |
37.93 |
34.22 |
| Households: |
4,051 |
22,870 |
54,252 |
|
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