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Off Market
1/24

307 S Main St
Oakley, MI 48649


HIGHLIGHTS

  • Excellent opportunity to own a bar, and rental investments!
  • Seating occupancy of 55 with extended fenced+in seasonal outdoor seating
  • Building has ample parking, an outdoor storage facility, and large lot.

OVERVIEW

Excellent opportunity to own a bar, and rental investments! Located in the heart of Oakley on the main road, this property not only is an established bar, but will come with two fully rented income properties on site to help cover expenses. The Little Bar has seating occupancy of 55, as well as extended fenced in outdoor seasonal seating. Sale includes the transfer of the liquor and Michigan Lottery licenses, as well as all fixtures, tables and chairs, and all inventory to be purchased separately but included in the price. The 672 sq. ft. trailer home on site provides $350 a month income, and has a long time tenant occupied. Utilities are seperate with this unit. The upstairs 714 sq. ft. apartment features one bedroom, bathroom, living room and kitchen with no stove. Utilities with this unit are connected to the bar. The bar also features a prep kitchen with counter, fridge, and pizza oven, walk in beer cooler, men's and women’s restrooms, televisions, cable tv, and pool. Pinball table, and internet jukebox are leased items and new owner can negotiate the new lease of those items. This building has ample parking, an outdoor storage facility, and large lot. Security camera system will remain with the building, as well as security alarms that are equipment owned and monthly monitoring service paid for. Buyer to obtain own liquor, and lotto license transfer representation through an attorney. Financials are per request through a licensed agent, and listing agent to be on site during all showings. Any additional information please e-mail, or call listing agent Samantha Rojas with RE/MAX TriCounty at (989) 277-0703 samanthacrojas@gmail.com

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

The Little Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

1950

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

07093310431001