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$ 325,000
Est. payment /mo
Price Dropped by $14K
321 W Genesee Street Iron River, MI 49935
2,300 SqFt
UPDATED:
12/10/2024 07:52 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $141
Subdivision Mi
MLS Listing ID 50116379
Year Built 1900
Annual Tax Amount $3,494
Tax Year 2022
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30x120
Property Description
Situated on Main Street, this restaurant enjoys high visibility and foot traffic, making it an ideal spot to attract both locals and tourists. With a solid reputation built over the years, this restaurant has become a fantastic destination for food with loyal, established customer base. With the right vision and management, there is substantial potential to expand the restaurant’s offerings, catering services, or even hosting events. There is a catering service included with this purchase! Fully equipped kitchen makes it an easy transition for new owners. Seating capacity is estimated around 90 people. Restaurant also has a outdoor dining/enclosed kitchen area. Currently seller uses this area for her Back Alley BBQ's and to host fundraising events. Iron River’s community embraces local businesses, making it a nurturing environment for restaurant owners. Whether you’re a seasoned restauranteur or a newcomer to the hospitality industry, this property promises an incredible venture with endless potential. Don’t miss out on this fantastic investment opportunity! Must be pre -approved or proof of funds prior to viewing. Contact us today to schedule a viewing!!
Location
State MI
County Iron
Area Iron River (36010)
Zoning Commercial
Interior
Heating Forced Air
Cooling Wall/Window A/C
Exterior
Parking Features Parking Lot
Roof Type Metal
Building
Lot Description Downtown Dev Authority
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KELLER WILLIAMS CLASSIC REALTY NM