685 N Port Crescent St - Restaurant FOR SALE


Bad Axe, MI 48413
$775,000 USD
248-359-9000
685 N Port Crescent St, Bad Axe, MI for Sale
$775,000 USD
Restaurant - FOR SALE
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685 N Port Crescent St
Bad Axe, MI 48413


HIGHLIGHTS

  • Home to The Peppermill, a well-known restaurant with over 30 years of history in Michigan's Thumb region
  • Situated on Bad Axe's main retail corridor (M-53), offering excellent frontage and visibility
  • Includes business and real estate, with an active Class C liquor license and numerous recent capital improvements

OVERVIEW

Well known restaurant for sale with ample frontage on Bad Axe’s main retail corridor (M 53). Staple in Michigan’s thumb region for 30+ years. Business and Real Estate included, with an active Class C Liquor License and Beer & Wine (off premises) retail license. Well maintained site with numerous capital improvements recently completed. Business is properly managed and organized using the latest in POS software, ensuring smooth and efficient operations and an easy transition for new ownership.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Peppermill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

B-2

APN/PARCEL ID

51-624-003-00

ASK ABOUT THIS PROPERTY

Zak SheplerInsite CommercialMore Info
248-359-9000

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Zak SheplerInsite CommercialMore Info
248-359-9000

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