18089 W State St - Bar FOR SALE


Vandalia, MI 49095
$250,000 USD
574-532-3808
18089 W State St, Vandalia, MI for Sale
$250,000 USD
Bar - FOR SALE
1/39
null | Request Cap Rate

NEW


18089 W State St
Vandalia, MI 49095


HIGHLIGHTS

  • Heavy Traffic
  • Premier Lakes in the area
  • Large Outdoor Patio & Large Parking Lot

OVERVIEW

TERRIFIC BUSINESS OPPORTUNITY. LONG STANDING RESTAURANT LOCATED ON BUSY M-60 CLOSE TO SEVERAL PREMIER LAKES INCLUDING DIAMOND, DONNELL,BIRCH, SHAVEHEAD AND SEVERAL OTHERS. There is seating for over 150 patrons with a bar & dining area, plus a banquet room ideal for weddings, graduation and birthday parties. The building sits on almost 1 acre with parking for dozens of cars and there is also an outdoor deck and patio with a bandstand for outside entertainment and dining. Property is being sold turnkey with all equipment, fixtures and inventory. In addition, there is an upstairs apartment available for rental income. There are several new businesses employing hundreds of workers in Cassopolis. TREMENDOUS POTENTIAL FOR THE ASPIRING ENTREPRENEUR. The seller will entertain a land contract or a partnership.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

115

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

14-101-100-036-01

ASK ABOUT THIS PROPERTY

Dennis BamberCressy and Everett Real EstateMore Info
574-532-3808

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Dennis BamberCressy and Everett Real EstateMore Info
574-532-3808

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