69 S. Main St NE

Retail-Commercial for Sale
Catylist Listing ID: 30351839
Property Subtypes: Restaurant, Retail-Pad, Tavern/Bar/Nightclub, General
Building Size (RSF): 2,850 SF
Gross Land Area: 0.10 Acres
Sale Price: $425,000
Unit Price: $149.12 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Triple B Bar
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2019

Overview / Comments

The Triple B Bar is fully furnished and recently renovated. This opportunity offers full amenities (Liquor, Beer, Lotto and Food) and has a seasonal outdoor patio area. Property has potential for two apartments upstairs that provides additional rental income. Floors were recently redone and new HVAC/Furnace unit installed. All FF&E, inventory and licenses come with purchase including Class "C" Liquor License; Approved Bar Service, Entertainment, Outside Service and Beer Take Out.

Financials

Finance Data Year 2006
Real Estate Taxes - Annual($) $33,404 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Other area
Taxing Authority: City of Cedar Springs
Tax ID/APN: 41-02-25-481-005
Zoning: B-2
Largest Nearby Street: Muskegon St/17 Mile
Feet of Frontage: 33
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1910
Year Renovated: 2018
Construction/Siding: Wood Frame
Exterior Description: Wood
Parking Description: Street
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 33
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Legal Description: N 1/2 OF LOT 4 BLK 52 * VILLAGE OF CEDAR SPRINGS

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,249 10,262 25,759
Median Age: 31.92 34.76 36.3
Households: 757 3,642 8,986

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.