Beautiful Lodge-like Restaurant For Sale with Outdoor Seating

Retail-Commercial for Sale
Catylist Listing ID: 30499178
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,788 SF
Gross Building Area: See Agent
Gross Land Area: 0.82 Acres
Sale Price: $340,000
Unit Price: $190.16 PSF
Ceiling: 9 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Well-built building currently occupied as a Mexican restaurant, previously as a BBQ/ice cream shop. Large outdoor 2,000 sqft patio and drive up window. Outdoor concrete slab built for smoking ribs, chicken, etc. Two HVAC roof mounted units, hood system with fire suppression, 80-gallon gas fired Bradford White Water Heater. Interior seating for 40+. All original equipment, fixtures remain. Great landscaping and plenty of parking. Located across from West Ottawa Middle School and at entrance to Panther Drive.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Tax ID/APN: 70-16-08-300-050
Zoning: PUD
Retail Clientele: General, Family, Other
Property Located Between: Riley & Quincy
Property Visibility: Excellent
Feet of Frontage: 156
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 2004
Total Parking Spaces: 60
Legal Description: PART OF SW 1/4 COM N 0D 11M 40S W 576.44 FT & S 88D 09M 47S E 50 FT FROM SW SEC COR, TH S 88D 09M 47S E 264.89 FT, S 0D 08M 26S E 155.79 FT TO N LI OF PANTHER DR, TH W ALG SD N LI TO E LI OF 136TH AVE, TH N TO BEG. SEC 8 T5N R15W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,647 43,599 94,319
Median Age: 31.77 34.19 36.36
Households: 3,044 15,166 34,135
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