South Haven, MI Restaurant with Liquor License

Retail-Commercial for Sale
Catylist Listing ID: 30770436
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 2,567 SF
Gross Land Area: 0.07 Acres
Sale Price: $1,199,000
Unit Price: $467.08 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Phoenix Street Café
Usable Size (USF): 2,567 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2021

Overview / Comments

Welcome to The Phoenix Street Café! This is a local fixture for both breakfast and lunch, located in the heart of downtown with high visibility and foot traffic. Being sold complete with the business, liquor license, equipment, and inventory. Boasting a meticulously maintained chef's kitchen, a spacious dining area, and large south-facing windows ideal for letting in the morning light and welcoming street side foot traffic. Fully established in 2001, this café is a staple in downtown South Haven, a favorite of locals and tourists alike!
Agent Only Remarks: Square footage reported to the best of agents ability, Buyer/Agent to verify.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Van Buren
Submarket Type: Central Business District
Taxing Authority: City of South Haven
Tax ID/APN: 805377001000
Zoning: CBD
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Broadway St. and Kalamazoo St.
Property Visibility: Excellent
Largest Nearby Street: Blue Star Hwy.
Highway Access: I-96
Airports: Grand Rapids
Site Description: Downtown location just blocks from Lake Michigan
Area Description: Summer is the shooting star in this West Michigan beach town but the rest of the year shines, too, with experiences and things to do that elevate South Haven’s small-town allure. Historic inns, romantic B&Bs, family-owned resorts, hotels, motels and vacation homes mean you can decide what’s right for you. Fine dining and local culture aren’t limited by the seasons. Mother Nature blesses South Haven all year. Whether you’re visiting for a romantic getaway or a family retreat, there’s always things to do in South Haven and the surrounding West Michigan area. You just might develop a liking for the cooler weather and slower pace of our little town. Enjoy Lake Michigan at it's best.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1982
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Store front in downtown area
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Central Business District
Lot Frontage: 35.5
Lot Depth: 61.79'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Attached

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,586 6,974 11,755
Median Age: 45.36 45.35 43.84
Households: 1,613 3,044 4,938

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