Address
685 N Port Crescent Street Bad Axe, MI
Price
$ 995,000
Property Attributes
  • ML#219116918
  • TypeCommercial
  • CountyHURON
  • CityBad Axe
  • AreaBad Axe
  • Zip48413
  • StylePEPPERMILL RESTAURANT/FAMILY RESTUARANT AND BAR
  • Year Built1973
  • Taxes10484
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size1.02 Acres
Listing Provided Courtesy Of:
Century 21 Signature Realty
Property Description

THRIVING, PROFITABLE, FAMILY-OWNED PEPPERMILL RESTAURANT IN BAD AVE. MAIN DINING ROOM SEATS 108, PRIVATE BANQUET ROOM STONE FIREPLACE ADDED IN 2006 SEATS 40. EQUIPPED FOR LIVE ENTERTAINMENT, A/V IN BANQUET ROOM. MANY UPDATES IN 2019, INCLUDING PRIVATE PARKING SEALED AND STRIPED, COMPUTER SYSTEM, DISHWASHER, COMMERCIAL BACK DOOR. BOOTHS AND TABLES ARE SANDED AND SEALED EVERY TWO YEARS, NEW RUBBER ROOF 2 YEARS AGO, WAITRESS REFRIGERATOR 2 YEARS OLD AND CARPET JUST 3 YEARS OLD. TRULY A BUSINESS-OWNER'S DREAM INVESTMENT!

Price History
11/19/2019 Listed $995,000

General Features

Business Type Service
Commercial Type Business Opportunity, Commercial
Construction Materials Block/Concrete/Masonry, Brick
Cumulative Days on Market 434
Current Use PEPPERMILL RESTAURANT/FAMILY RESTUARANT AND BAR
Gross Scheduled Income 310398.00
Heating Forced Air
Listing Agent Public Id 402906
Net Operating Income 51818.00
Operating Expense 258580.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 5162400300
Possession Negotiable
Property Type Commercial
School District Bad Axe
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 4320
Transaction Type Sale
Year Built 1973
Year Remodeled 2019
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Exterior Features Cabana
Foundation Materials Block, Brick
Frontage Feet 200
Lot Size Area 1.02
Lot Size Dimensions BUSINESS ONLY
Roof Material Rubber
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Best Life and Co and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of October 29, 2020 12:49 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48413

Price
AVG $650K
$1,000K
Taxes
AVG $6,924
$10,484
Visits
AVG 1
6
Year Built
AVG 1973
1973
Walkscore
AVG 35
56
Data Provided by Walkscore ® not using MLS data