Retail-Commercial for Sale
Also listed as Hospitality
Catylist Listing ID: 30680964
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 5,373 SF
Gross Land Area: 1.01 Acres
Sale Price: $1,350,000
Unit Price: $251.26 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 5,373 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

FORMER BIG BOY RESTAURANT FOR SALE OR LEASE IN PRIME LOCATION NEXT TO CENTRAL MICHIGAN UNIVERSITY! Interior has approximately 5,373 square feet with an existing kitchen, hood, multiple dining areas, walk-in coolers/freezers, office, storage and 3 bathrooms. Additional 3,224 square feet in the basement. Great location with approximately 170 feet of frontage on S. Mission Street with an estimated 71 parking spaces. Seating capacity approximately 232. Existing equipment can be purchased for an additional $75,000. Equipment includes: fryers, grills, warmers, ice chest, dishes, utensils, tables, chairs, booths, etc. Some equipment items are not available for sale. For lease at $7,500 per month.***All measurements and square footage should be verified by Buyer.***

Additional Details

Nearest MSA: Midland
County: Isabella
Taxing Authority: City of Mt. Pleasant
Tax ID/APN: 17-000-16-882-00
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Broomfield
Feet of Frontage: 170
Highway Access: US 27 within 1 mile.
Site Description: Former restaurant on 1.01 acres with an estimated 71 parking spaces and a seating capacity of 232.
Area Description: Located just off the Mt. Pleasant exit
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,373 SF
Property Condition: Excellent
Year Built: 1967
Roof Type: Other
Total Parking Spaces: 71
Parking Type: Surface
Parking Description: Estimated 71 parking spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Other
Zoning Description: Commercial
Lot Frontage: 170
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Shorts
Legal Description: SEC 23 T14N R4W, PART OF SW 1/4, COM 1365 FT S & 50 FT E OF W 1/4 COR, TH E 260 FT, S 170 FT, W 260 FT, N 170 FT TO POB. NOTE: TIFA DIST #4 - MISSION ST DDA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,085 36,882 42,583
Median Age: 22.35 25.74 27.4
Households: 3,653 12,797 15,077


Photograph of Listing Agent

Brandon LaBelle

LaBelle Realty CPIX Member
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