18 N Elm Street $450,000

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    18 N Elm Street Three Oaks, MI 49128

    Closed
    SOLD 1/3/2024

    $450,000

    Market Estimate
    • 1,822 sq. ft.
    • 0.07 Acres
    • Commercial
    • MLS# 19037783
    18 N Elm Street, Three Oaks, MI 49128
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    Property Details

    What a great time to be your own boss! This profitable & well established Restaurant/Bar for sale in the quaint Village of Three Oaks will be a wonderful place for you to call home! There is a nice profit margin to be had here. This business will be sold with all the operating equipment, inventory & real estate. It also has an active MLCC Class C liquor license, that is included in the price of this downtown establishment. Being on the main street, in a prime location, your business opportunities are ENDLESS! The currant owner has over 20 years in the business and would like to retire and enjoy some free time.

    • General Features
      • Year Built 1932
      • New Construction Y/N false
      • Business Type Bar/Tavern/Lounge
      • County Or Parish Berrien
      • Property Sub Type Business
      • Tax Annual Amount 1785.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Brick, Block, Stone
      • Building Area Total 1822.0
      • Number Of Units Total 1
      • Heating Y/N true
      • Full Bathrooms 2
      • Bathrooms 2
    • Property Features
      • Lot Size Acres 0.07
      • Lot Size Area 0.07
      • Number Of Buildings 1
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District River Valley

    Neighborhood

    49128 (Three Oaks) Demographics

    45 Median Age
    80 Population Density (per sq. mile)
    33% College Educated
    $65,931 Estimated Median Income
    1,192 Estimated Total Home Owners
    231 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,457 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,700,000 Median Sales Price
    2 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        1/3/2024 3:00:00 AM Sold Source: Multiple Listing Service New Value: $450,000
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        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.