Restaurant on the River!

Retail-Commercial for Sale
Catylist Listing ID: 30356868
Property Subtypes: Restaurant
Building Size (RSF): 1,390 SF
Gross Land Area: 0.46 Acres
Sale Price: $99,900
Unit Price: $71.87 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: BRIDGE STREET CAFE
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2019

Overview / Comments

Located in the heart of Belding along the rivers edge! Family owned and operated restaurant since 2006. Many updates have been made through out the years to the building including heating and cooling, equipment, dining area remodeled, electrical, plumbing, and a new steel roof! Plenty of parking area. The building has seating for up to 52 customers, a server station, 2 public restrooms, dishwashing area, a full basement with ample area for storage along with a walk-in cooler, a walk-in freezer, and a separate employee bathroom. Financials available upon request.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ionia
Taxing Authority: Belding
Tax ID/APN: 34-13-09--401-090-000-630-0
Zoning: B-2
Property Located Between: Bridge and High
Property Visibility: Good
Largest Nearby Street: Bridge St
Feet of Frontage: 150
Site Description: LL IN LO
Area Description: DIRECTIONS: M44 (STATE ST IN BELDING) N ON BRIDGE ST TO PROPERTY
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,360 SF
Property Condition: Average
Year Built: 1950
Year Renovated: 2005
Roof Type: Flat
Construction/Siding: Wood Siding
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable
Lot Frontage: 150
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: CITY OF BELDING BELDING & ELLIS ADDN PT OF LOT 139, PT OF HIGH STREET, PT OF BRIDGE ST DESC AS: BEG ON SLY LN OF HIGH ST S 59DD 14M E 127 FT FR NW COR LOT 139 AS PLATTED, TH N 28D 46M E 7 FT, TH N 59D 14' W 150 FT, TH S 28D 46M W 140 FT M/L TO THE BANK OF THE FLAT RIVER, TH SELY ALG WATERS EDGE TO A PT BEARING S 28D 46M W FROM POB, TH N 28D 46M E 130 FT M/L TO POB *

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,085 8,586 14,858
Median Age: 32.62 34.6 37.55
Households: 1,568 3,188 5,549

Contact

Photograph of Listing Agent

Heather Jones

Five Star Real Estate - Heather Jones Team
Not a member of CARWM
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