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112 W Spruce ST $749,000

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112 W Spruce ST Sault Ste Marie, MI 49783

  • Commercial
  • MLS# 19-979
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Views: 307 Days On Market: 255

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Property Details

One of the most popular eateries in Sault Ste. Marie, this restaurant is in wonderful condition to be purchased. There have been numerous updates to equipment in the past few years and an addition that increased the cook area, bathrooms, and office. It's location is prime, right across the street from the hospital and next to many other community businesses. The owners have taken great pride in the look of their establishment and the product they provide. The business is set to sell as a turn-key operation. The owners have poured their heart into this business to make it as successful as it is. Well known throughout the community, this is a great opportunity for the next owner.

  • General Features
    • Type Business Opportunity
    • Possible Use Mixed Use
    • Present Use Restaurant
    • For Sale or Rent Sale
  • Building Features
    • Roof Rolled Roofing
    • Construction Masonry
    • Basement Partial Basement
    • Exterior Finish Brick
    • Parking 1 - 10 Spaces
    • Heating Forced Air, Natural Gas
    • Extras Handicap Access, Restaurant, Storage, Smoke Detectors, Restroom, Kitchen Area, High Visibility, High Traffic Locatn
  • Property Features
    • What's Included Restaurant Equipment
    • Drive Black Top
    • Water City
    • Waterfront No
    • Sewer City
  • Schools
    • School District Sault Ste Marie

Contact

Kip Cline

Sales Associate

RE/MAX NorthStar Realty

Mobile Phone: 906-322-2869

Neighborhood

49783 (Sault Ste Marie) Demographics

37 Median Age
130 Population Density (per sq. mile)
33% College Educated
$40,768 Estimated Median Income
4,954 Estimated Total Home Owners
2,953 Estimated Total Renters
63% / 37% Estimated Owner / Renter Divide
2 Estimated Average Household Size
19,672 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

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

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      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $749,000
      7/29/2019 4:21:00 PM New in Database Source

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      **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.