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Listed by REO-TCRandolph-233022
$1,400,000
Est. payment /mo
8,702 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,702 sqft
Price per Sqft $160
MLS Listing ID 1941496
Year Built 1960
Lot Size 4.300 Acres
Acres 4.3
Property Sub-Type Mixed Use
Property Description
Prime commercial space along M-22 with exceptional visibility and strong traffic counts. This turnkey 7,252 sq. ft. main-level space (Units 3 & 4) features a full commercial kitchen, bar, and spacious dining areas with indoor and outdoor seating. Lease rate is $15/sq. ft. “all in” (includes taxes, insurance, and CAM). Optional purchase of existing tables/chairs package and a transferable Class C liquor license with owner buyback option after lease term. Property includes ample parking, shared common areas, and attractive landscaping directly across from West Grand Traverse Bay. Additional Residential Units: • 1BR/1BA upper-level apartment, approx. 600 sq. ft. • 2BR/2BA two-story unit, approx. 850 sq. ft. Ideal for restaurant, tasting room, retail, or mixed-use operations seeking a high-exposure northern Michigan location.
Location
State MI
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Private
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Private Sewer
Water Private
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456