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223 N Mill

Update, MI 48880
  • $600,000
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 23141205
$600,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,400
    SQFT
  • $58
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1920
County:

School Ratings & Info

Description

The business has consistently maintained strong profit margins, and financial performance. Main dining area seats up to 70 and additional 30+ in the private banquet room. Added benefit to new owner is the un-finished 5600 sq ft second floor that could be finished into multiple rentals. The restaurant and pub have low employee turnover and has shown a year-over-year increase in sales since the current owner purchased it. The owner has invested in essential improvements and the owner has taken steps to ensure a clean and safe working environment for all employees,

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-19T23:49:15.843.
www.sellsmi.com/homes/145051377
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223 N Mill Update, MI 48880

  • Price: $600,000
  • Status: Active
  • On Site: 195 Days
  • MLS #: 23141205
0
Beds
0
Baths
0
½ Baths
0.24
Acres
10,400
SQFT
$58
$/SQFT
1920
Built
Neighborhood:
Saint Louis (29029)
County:
Gratiot
Area:
Saint Louis (29029)
Property Description
The business has consistently maintained strong profit margins, and financial performance. Main dining area seats up to 70 and additional 30+ in the private banquet room. Added benefit to new owner is the un-finished 5600 sq ft second floor that could be finished into multiple rentals. The restaurant and pub have low employee turnover and has shown a year-over-year increase in sales since the current owner purchased it. The owner has invested in essential improvements and the owner has taken steps to ensure a clean and safe working environment for all employees,
Exterior Features

Exterior Construction BlockConcreteFrameWood Frontage 63 Lot Size 63X165 Roads City/County Roofing Rubber Waterfront YN No

Interior Features

Basement YN No Commercial Ceiling Height Less than 16 Ft. Commercial Features Cable Internet InstalledCable TV AvailableElectric AvailableFurnitureGas AvailableTelephone Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Type Bar/TavernRestaurant Commercial Type Business Financial Terms CashConventional Municipality St Louis Ownership LLC Sale Includes Real Estate Only SEV 100800 Sewer Septic Public At StreetPublic SanitaryStorm Taxable Value 98925 Total Tax Amount 6000 Total Tax Year 2022 Water Public WaterPublic Water at Street

Listing courtesy of Eagle Realty : .

Source MLS: MiRealSource
Originating MLS: West Central AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-19T23:49:15.843.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507