Brian Wellman - Commercial Real Estate Showcase

Brian Wellman Property Listings
Brian Wellman
No Address Provided
Bangor, MI 49013
(312) 965-2413


DetailMap
310 Blue Star Memorial Highway

Douglas, MI 49406 - Outlying Allegan County Submarket


Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:2006
Building Size:6,463 SF Land Area:1.13 AC (49,223 SF)
% Leased:
For Sale Price:$750,000 Price/SF:$116.05
Cap Rate:-
Smallest Space:1,816 SF Largest Space:6,463 SF Total Space Avail:6,463 SF Rent/SF/Yr:
$8.72
Parking:Free Surface spaces are available; Ratio of 7.74/1,000 SF
Features:Balcony, Pylon Sign, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
4,647 SF
$8.72/SF/Yr
Vacant
1-5 yrs
Retail
 2nd
1,816 SF
$8.72/SF/Yr
Vacant
1-5 yrs
Retail
 
10419368
10419371
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
4,647 SF
$8.72/SF/Yr
Vacant
1-5 yrs
Retail
2nd
1,816 SF
$8.72/SF/Yr
Vacant
1-5 yrs
Retail
Excellent business with good growth and potential for expansion. Excellent reputation. Many ads in national gourmet food magazines. Class C Resort liquor license with carry out. Excellent staff retention. Exceptionally maintained, turn-key operation withhigh customer satisfaction. Highly recommended by Lodging Establishments' Destination Award Winning Dining. 100% Health Department rating since opening. Assumable mortgage at low rate for qualified buyer. Ajdacent 1 acre also available.

Sale Notes:
Mint condition restaurant and martnini lounge in outstanding location on main rd (Blue Star Highway) entering the Saugatuck/Douglas area. Active and Separate entrances for both. Active and moveable Class C Resort Liquor License covering two bars/Sunday serving capability/cabaret. Two outdoor patios with furniture for al fresco dining. Gorgeous stone bar in lounge with piano in cabaret area and a secondary bar that services garden patio. Total seating capacity exceeds 200 (indoor plus outdoor) with 85 total parking spaces, some shared. Largest restaurant kitchen in area, including, all equipment, pots/pans, dishes, etc and an employee bathroom. Large dry storage/liquor rooms/laundry room and 3 yr old boiler. Aloha POS system and ADT security system

Bonus: Two beautiful apartments on second floor above restaurant.

Brian Wellman
Brian Wellman
(312) 965-2413


Brian Wellman
Brian Wellman
(312) 965-2413



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