6449 M 65 S - Storefront Retail/Residential FOR SALE


Lachine, MI 49753
$285,000 USD
810-643-3430
6449 M 65 S, Lachine, MI for Sale
$285,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

6449 M 65 S
Lachine, MI 49753


HIGHLIGHTS

  • Established restaurant and tavern operation with included Class C Liquor License.
  • Corner location with frontage and visibility along M-65.
  • Extensive renovation completed in 2014.

OVERVIEW

6449 M-65 S presents an opportunity to acquire an operating food and beverage property in Alpena County, Michigan. Known as Pappy’s Pub, the property is positioned on a corner location along M-65, a primary north-south route serving surrounding communities and recreational destinations throughout Northern Michigan. The combination of highway exposure, established operations, and recent capital improvements creates an opportunity for an owner-user or investor seeking an existing hospitality asset with infrastructure already in place.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

CM

APN/PARCEL ID

023-020-000-279-00

ASK ABOUT THIS PROPERTY

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810-643-3430

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Gino SmallGino SmallMore Info
810-643-3430

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