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Listed by Five Star Real Estate - Shelby St Cadillac
$774,000
Est. payment /mo
2 Baths
5,136 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,136 sqft
Price per Sqft $150
MLS Listing ID 1896851
Year Built 1967
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Mixed Use
Property Description
Exceptional commercial opportunity on one of Cadillac's busiest, most visible routes through the Cadillac West corridor. Sitting on over 3 acres with 311 feet of prime M-115 frontage, this landmark property offers outstanding exposure, exceptional traffic counts, and endless possibilities for future growth! For more than 40 years this property has been in the same family and is known as Burkes Waterfront Restaurant. With the owners looking to retire, this prime location could be continued as a highly profitable restaurant or renovated to almost anything you could imagine. If the current building does not suit your needs, then the lot with the paved parking area and waterfront views provide the perfect opportunity to build fresh. Currently it is being operated as a turn-key restaurant with over 5000 sq ft of interior seating, and the seasonally popular waterfront deck seating for 60. The building and equipment have had many recent updates. Come discover all that is happening in Cadillac, MI and bring your ideas and be a part of the growth!
Location
State MI
Interior
Heating Hot Water, Baseboard, Natural Gas
Exterior
Waterfront Description Public,Private
Roof Type Asphalt,Membrane
Total Parking Spaces 21
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public, Private
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456