12857 Red Arrow Highway

Retail-Commercial for Sale
Catylist Listing ID: 30180013
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 4,630 SF
Gross Building Area: See Agent
Gross Land Area: 0.64 Acres
Sale Price: $395,000
Unit Price: $85.31 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

Fantastic opportunity to own a turn-key restaurant in Sawyer, Michigan. The restaurant measures approximately 4,630 SF on 0.638 acres at Three Oaks Blvd & Spaulding Road. The sale price includes all furniture, fixtures, equipment as well as the real estate and Class C & SDM Liquor Licenses. The property offers both indoor and outdoor seating options for patrons and is in excellent condition. Sawyer, Michigan is located approximately 1.5 hours to downtown Chicago, as well as downtown Grand Rapids. It is home to popular destinations including Greenbush Brewing, Warren Dunes, Sawyer Garden Center and many other popular restaurants and shops.

Additional Details

Nearest MSA: Niles-Benton Harbor
County: Berrien
Taxing Authority: Chikaming Township
Tax ID/APN: 07-7140-0014-002 & 07-7140-0013-00-6
Zoning: R-1
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,630 SF
Property Condition: Good
Year Built: 1977
Roof Type: Arched
Construction/Siding: Wood Frame
Exterior Description: Wood
Parking Type: Surface
Parking Description: On-site
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: R-1
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 14 Sawyer Highlands and Lots 12 & 13 Exc the S 33' of lot 12 Sawyer Highlands

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,422 3,100 7,702
Median Age: 53.37 53.96 49.92
Households: 663 1,471 3,383

Contact

Photograph of Listing Agent

Stanley J. Wisinski, SIOR, CCIM

NAI Wisinski of West Michigan CARWM Member
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