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110 Newberry AVE $749,000

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110 Newberry AVE Newberry, MI 49868

  • 6,741 sq. ft.
  • Commercial
  • MLS# 19-1481
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Views: 343 Days On Market: 302

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Property Details

Regularly serving over 500 customers a day, sales and profits continue to grow annually at Timber Charlie's Family Restaurant-including 2020! Located in the heart of the Upper Peninsula of Michigan, it's known for its quality food and great atmosphere. The seller is motivated and opportunity is here for a buyer interested in continuing this legacy. NEW IMPROVEMENTS recently made for the safety of all with PPE. A few noted features include a canning machine for the craft beers, onsite office, gift shop with fireplace, updated fixtures and equipment, and a state of the art POS system. PRICE REDUCED $749,000.

  • General Features
    • Type Business Opportunity
    • Possible Use Restaurant
    • Present Use Restaurant
    • For Sale or Rent Sale
  • Building Features
    • Roof Rolled Roofing, Rubber
    • Construction Wood Frame
    • Basement Poured Concrete Fnd
    • Exterior Finish Brick, Other, Wood
    • Parking 1 - 10 Spaces
    • Heating Forced Air, Natural Gas
    • Cooling None
    • Extras Fire Sprnklr System, Fireplace, Furnished, Handicap Access, High Traffic Locatn, Highway Access, Kitchen Area, Living Quarters, Lounge/Bar, Restaurant, Restroom, Storage
  • Property Features
    • What's Included Fixtures, Equipment, and more
    • Road Surface Black Top
    • Drive Gravel
    • Sewer Township
  • Schools
    • School District Tahquamenon

Contact

Garth Mac Master Sr

Garth Mac Master Sr

Broker / Owner

RE/MAX NorthStar Realty

Mobile Phone: 906-440-2529

Neighborhood

49868 (Newberry) Demographics

43 Median Age
7 Population Density (per sq. mile)
20% College Educated
$36,368 Estimated Median Income
1,290 Estimated Total Home Owners
516 Estimated Total Renters
71% / 29% Estimated Owner / Renter Divide
2 Estimated Average Household Size
5,279 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$0 Median Sales Price
0 Homes Sold
6 New On Market

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    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $749,000 -2.73%
      12/3/2019 1:21:00 PM New in Database Source New Value: $770,000

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      *This Payment Calculator is intended for educational and planning purposes only.
      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.