15015 US Highway 31 - Bar FOR SALE


Beulah, MI 49617
$520,000 USD
231-632-8824
15015 US Highway 31, Beulah, MI for Sale
$520,000 USD
Bar - FOR SALE
1/49
null | Request Cap Rate

15015 US Highway 31
Beulah, MI 49617


HIGHLIGHTS

  • Central Air
  • Food, Liquor, Beer/Wine, Other Licenses
  • Furniture/Fixtures Included

OVERVIEW

Work and live on the same site. This bar/restaurant has been owned by the same person for 20 years. Has been a bar/restaurant in this location for 50 years. Not only is it turn key ready to go but, also features a 2 bed 1 bath log home on this almost 3 acre corner lot of one of the busiest intersections in Benzie County. New equipment since 2022 for the bar is, natural gas furnace, water cooled ice machine, stainless steel deli table, new compressor and evap in a freshly insulated walk-in cooler. Updated plumbing and electric service, new char broiler, new gas deep fryer, new bar stools and toilets, new drain field for the septic, 3 freezers in the storage barn, new central air unit. All new flooring in 2022 as well. this business also includes a liquor license, Sunday alcohol sales, carryout permit, patio permit, and a dance license. 6 taps and beer coolers, capacity is 75 inside and 75 on the outside patio. The 2 bed/1 bath log cabin features a new septic and drain field, upgraded electric and plumbing. Walls were re-chinked in 2021. Natural gas, freshly painted interior, attached 1 car garage, large storage area that could be easily turned into more housing and plumbed for an extra bathroom. Short term rentals are allowed. Don't miss this opportunity to own an established business in a location close to everything that Benzie County has to offer.

FOR SALE DETAILS

PRICE

$520,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

Commercial

APN/PARCEL ID

08-007-018-00

ASK ABOUT THIS PROPERTY

Butch AdkinsReal Estate OneMore Info
231-632-8824

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Butch AdkinsReal Estate OneMore Info
231-632-8824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.