FORMER BIG BOY RESTAURANT FOR SALE OR LEASE!!!
Retail-Commercial
for Sale
Also listed as Hospitality
Catylist Listing ID: |
30680964 |
Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail
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Building Size (RSF): |
5,373 SF
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Gross Land Area: |
1.01 Acres
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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.***
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Additional Details
Nearest MSA: |
Midland |
County: |
Isabella |
Taxing Authority: |
City of Mt. Pleasant |
Tax ID/APN: |
17-000-16-882-00 |
Zoning: |
COMMERCIAL |
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 |
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 |
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