971 W Savidge St - Restaurant FOR SALE


Spring Lake, MI 49456
$2,850,000 USD
231-375-8033
971 W Savidge St, Spring Lake, MI for Sale
$2,850,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

971 W Savidge St
Spring Lake, MI 49456


HIGHLIGHTS

  • Secondary Uses: Restaurant, Brewery/Distillery/Winery, Tavern/Bar/Nightclub

OVERVIEW

High-profile, premier waterfront restaurant/bar opportunity in Spring Lake, MI. The 7,000 SF is turn-key with a full kitchen and bar, indoor seating capacity of 260 with an expansive, 150-seat outdoor deck area overlooking the Grand River channel leading to the main-body of Spring Lake. The 2+ acre site provides 90+ parking spaces and is situated at the west end of the primary commercial corridor (M-104/Savidge Street) in the Village of Spring Lake. The existing building was constructed in 1997 and is the original location of Ole' Boys Brewhouse, which operated successfully here for 25 years. The premises includes a Resort Class-C liquor license and Brew Pub license. Take advantage of this prime location with neighboring properties consisting of three marinas, as well as residential condominium hospitality developments. The Spring Lake-Grand Haven area experiences a huge tourism influx which offers immediate potential to accommodate the upcoming summer season.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

CBD-PUD

APN/PARCEL ID

70-03-16-476-018

ASK ABOUT THIS PROPERTY

Bryan BenchCore Realty PartnersMore Info
231-375-8033

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

Bryan BenchCore Realty PartnersMore Info
231-375-8033

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