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9743 N Greenville Road

Lakeview, MI 48850
  • $386,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 1897866
UPDATED: 57 min ago
$386,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 785
    SQFT
  • $492
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Opportunities like this do not come by often. Do not let this one pass you by. This business remained profitable during what history will show as one of the toughest times to be successful in the restaurant industry. This owner is willing to pass along all the training and knowledge to ensure a successful transition to the next owner so you can enjoy over 20 years of success as well. With a current capitalization rate of over 22%, solid year over year profitability, and maintainable earnings over $85k all this business and property needs is its next owner.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-05-25T13:52:57.463.
www.brickcorbett.com/homes/127062303
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9743 N Greenville Road Lakeview, MI 48850

  • Price: $386,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 57 min ago
  • MLS #: 1897866
0
Beds
0
Baths
0
½ Baths
0.25
Acres
785
SQFT
$492
$/SQFT
1900
Built
Neighborhood:
N/A
County:
Montcalm
Area:
Montcalm
Property Description
Opportunities like this do not come by often. Do not let this one pass you by. This business remained profitable during what history will show as one of the toughest times to be successful in the restaurant industry. This owner is willing to pass along all the training and knowledge to ensure a successful transition to the next owner so you can enjoy over 20 years of success as well. With a current capitalization rate of over 22%, solid year over year profitability, and maintainable earnings over $85k all this business and property needs is its next owner.
Exterior Features

Construction Frame Exterior Features Vinyl Foundation Crawl Space Lot Dimensions 66 X 165 Parking Parking Lot Parking Spaces 12 Road Public Maintained Roof Metal

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl Yes Business Name Little China Deeded Waterfront No Documents On File Other Eco Features No Energy Efficient Not Applicable Extras Furniture/Fixtures Gross Sales 280000 Heating Cooling Source Natural Gas Included In Lease None Inventory Incl Yes Inventory Value 8000 Licenses Food Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Negotiable Present Use Restaurant/Food Service Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 16 Sewer Municipal Terms Conventional MortgageCommercial LoanCash Township Village Of Lakeview Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Municipal Water Water Conservation Not Applicable Year Remodeled 2018 Zoning Commercial

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Century 21 Lee-Mac Realty: 989-463-6085.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-05-25T13:52:57.463.
 
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