15952 Oakley Rd - Freestanding FOR SALE


Chesaning, MI 48616
$599,900 USD
810-659-6569
15952 Oakley Rd, Chesaning, MI for Sale
$599,900 USD
Freestanding - FOR SALE
1/25
null | Request Cap Rate

15952 Oakley Rd
Chesaning, MI 48616


OVERVIEW

Building to the north of restaurant is not included and will be a separate tax parcel number. Showings preferred before 11 AM when restaurant opens. Seller requests $20,000 EMD. 3 years tax returns and P & L are available for review by Buyers CPA or Attorney with confidentiality agreement. To schedule a showing appointment by phone, call Showing Time at (855)746-9813. Please send all offers to LUCY@LUCYHAM.COM, then follow-up with a phone call to 810-659-6569 x280.Thank you! Beautifully maintained and immaculate turnkey restaurant and bar since 2011. Spacious parking, sand volleyball courts and all at the corner of M52 and M57 high traffic area. Nearly $175,000 in equipment alone plus inventory, business, real estate, liquor license, ATM machine, Keno monitors, 7 TV's with surround sound, Digital pole sign plus healthy gross sales. Major recent improvements include steel siding, metal roof, 2 furnaces, 2 central air, kitchen addition, septic system, well, bathrooms, windows, prep kitchen, Generac generator, enclosed heated patio, and over 160 seating capacity and 453 standing capacity. Wood floors. Across from Taco Bell, McDonalds, Parkers Propane and BP Station. Next to Park N Ride. Great long-term management and staff in place to run the business with new owner. Current owner transition training available. Owners are retiring. Great cash flow and profits. Price adjusted from $695,000 to $599,900.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

Commercial

APN/PARCEL ID

07092124004001

ASK ABOUT THIS PROPERTY

Lucy HamLucy Ham Group, IncMore Info
810-659-6569

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

Lucy HamLucy Ham Group, IncMore Info
810-659-6569

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