210 S Mitchell Street

Cadillac,MI 49601

$ 250000

- Bed

- Bath

3000 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Contingency

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $83

Subdivision Mi

MLS Listing ID 1925346

Year Built 1900

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 45 x 95

Property Description

Now is your chance to own one of Northern Michigan's busiest bar/restaurants and is being offered at its lowest price ever. Open 7 days a week and is a local night life destination. This business has been in the same family for over 40 years. Historical location on Mitchell Street across from the redevelopment project with A LOT of foot traffic. Included in the sale is the real estate, a Class C liquor license which allows you to to sell and serve beer, wine, mixed spirit drink, and spirits to customers, all fixtures, equipment, pool table and ATM machine. Shared income from the dartboards, lottery sales and juke box. Recent updates include a new silicone roof installed by Bigelow exteriors and a new forced air natural gas furnace. Many other updates have been completed since property was last marketed for sale. Also included is an Entertainment license which allows for onsite live performances and outdoor seating/dining. Prime location at a realistic price.

Location

State MI

County Wexford

Zoning Commercial,Restaurant/Food

Rooms

Basement Crawl Space

Interior

Heating Forced Air,Central Air

Cooling Forced Air,Central Air

Exterior

Exterior Feature Block

Roof Type Membrane

Present Use Restaurant/Food Service,Bar

Road Frontage Public Maintained,Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 10-086-00-007-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage,Commercial Loan,Cash,Owner Assist (L/C)

Listing Terms Conventional Mortgage,Commercial Loan,Cash,Owner Assist (L/C)

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