Restaurant and Real Estate for Sale in Ionia
Retail-Commercial
for Sale
| Catylist Listing ID: |
30384800 |
| Property Subtypes: |
Free-Standing Building, Restaurant
|
| Building Size (RSF): |
1,800 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.78 Acres
|
| Sale Price: |
$469,000 |
| Unit Price: |
$260.56 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/5/2019 |
Overview / Comments
|
Very profitable, full service restaurant for sale. Current owners have made significant investment to update the building. Business has experienced year over year increases in sales over the past five years. Truly a turn key operation for an owner/investor or a great opportunity for a hands on owner to continue the growth trajectory of the business.
|
Additional Details
| Nearest MSA: |
Ionia |
| County: |
Ionia |
| Taxing Authority: |
Ionia Township |
| Tax ID/APN: |
060-029-000-035-00 |
| Zoning: |
NO RESTRICTIONS IN IONIA COUNTY |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Riverside Rd |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,999 |
15,086 |
18,923 |
| Median Age: |
33.27 |
34.88 |
35.62 |
| Households: |
721 |
4,290 |
5,319 |
|
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