402 S Main Street $475,000

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    402 S Main Street Standish, MI 48658

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    • MLS# 50120518
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    Views: 35 Days On Site: 241

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    Property Details

    Ten + years in business. This successful and reputable restaurant is of high demand in this rural area of Standish. Excellent location with 200' of frontage on US-13/23 with a DTC of approximately 14,000 for high exposure. Plenty of on site parking of approx. 30 spaces. Restaurant currently occupies the east section of approximately 4,230 SF with the west section of 3,960 SF left for further development. Total capacity is 120 with 60 on the west section and 60 on the east section of the restaurant. Total building size of approx. 8,190 SF. All equipment (most newer), furniture & fixtures are included in the sales price. The real estate is also included in the sales price. Annual real estate taxes are approximately $7,790. Inventory is in addition to the sales price. Five campgrounds surround the area in addition to all of the traffic that heads north on a weekly basis. Please contact Commercial Equities for business details. Reduced from $525,000.

    • General Features
      • Year Built 0
      • Envirnmntl Condition Y/N No
      • Waterfront Y/N No
      • Municipality Standish
      • County Arenac
      • Area Municipality Standish (06016)
      • Acreage 0.5
    • Building Features
      • Basement Y/N No
    • Property Features
      • Lot Size 200' X 110'
      • Water Public Water

    Contact

    Mark Duncan

    Mark Duncan

    Office Owner

    RE/MAX Results

    Mobile: 989-239-3664

    Neighborhood

    48658 (Standish) Demographics

    45 Median Age
    55 Population Density (per sq. mile)
    25% College Educated
    $39,223 Estimated Median Income
    1,554 Estimated Total Home Owners
    505 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,789 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $68,000 Median Sales Price
    6 Homes Sold
    5 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $475,000
        11/14/2023 11:49:03 AM Status Changed Source: Multiple Listing Service New Value: Pending
        8/30/2023 1:35:00 PM New in Database Source: Multiple Listing Service New Value: $475,000

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        Listing provided courtesy of the RABC MLS INTERNET DATA EXCHANGE (IDX). Information not legally guaranteed. All items should be independently verified.

        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.