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Listed by FIVE STAR REAL ESTATE - MT. PLEASANT
$550,000
Est. payment /mo
2 Baths
3,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $177
MLS Listing ID 1940378
Year Built 1940
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Hospitality
Property Description
20%+ CAP rate Business Opportunity!! Invest in the only restaurant/bar in Winn, Mi located less than 1/4 mile from Morbark Manufacturing Company with 445 employees and currently hiring more. If you have been dreaming of kicking your boss to the curb and reaping the benefits of your own hard work, this may be the business opportunity you have been waiting for. The famous "Sidney's Judges Bench" is looking for a new owner to take over and maintain the historical success and reputation that the current and previous owners have worked so hard to build. Years of sweat equity and pride in ownership have built a successful and thriving business. Endless updates have been made over the last 11 years making this a turn key operation. To name a few... Brand new ventilation system, flat top grill and sinks ($85,000), All new siding, new patio with outdoor seating and “smoke room, New pizza oven/room, Walk in cooler with new cooling system, 2 new furnaces, AC units and water softener, 3 new electrical panels and a new well. You will be hard pressed to find a cleaner and maintained restaurant/bar, as the current owner is meticulous with her cleaning regimen. This business has shown tremendous growth year after year. Even following the dreaded "shut down," Sidney's Judges Bench persevered and is going strong! Located in a rural community, SW of Mt. Pleasant, diners and drinkers come from all around to enjoy the great atmosphere, food, beverages and staff!
Location
State MI
Rooms
Basement Michigan Basement
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Private
Roof Type Asphalt
Garage false
Building
Sewer Private Sewer
Water Private
Others
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456