4029 OLD US HIGHWAY 27 $1,099,000

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    4029 OLD US HIGHWAY 27 Gaylord, MI 49735

    • 11,526 sq. ft.
    • 1.78 Acres
    • Commercial
    • MLS# 60145304
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    Views: 138 Days On Site: 590

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    Property Details

    For Sale by Court Appointed Receiver - 5,526 +/- SF Restaurant built in 1940 with a full renovation in 2018. Property includes a 6,000 +/- SF Pavilion and the entire property is on 1.78 +/- acres with plenty of parking! Property includes a vestibule entrance, bar, seating area, full kitchen, office space, with a walk in cooler and freezer . The total dining space features approximately 99 seating spaces. Zoned B-3, Business. Light Manufacturing. The property is on a well with private septic. Includes a Liquor License and Resort License. The Pavilion was built for additional entertainment and includes an axe throwing area.

    • General Features
      • Acreage 1.78
      • Area Municipality Bagley Twp (69001)
      • Body of Water Otsego Lake - Across the
      • County Otsego
      • Originating MLS RealComp
      • Ownership Bank Owned
      • Total SqFt Finished 11526
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Professional Office,Commercial,Industrial
    • Building Features
      • Exterior Construction Vinyl Siding
      • Foundation Type Crawl
      • Heating System Forced Air
      • Roofing Metal
    • Property Features
      • Water Private Well
      • Lot Size 329 x 216
      • Roads Paved Street
      • Sewer Septic Septic

    Contact

    Zachary Adams

    Sales Associate

    RE/MAX Select

    Direct: 810-922-1575

    Neighborhood

    49735 (Gaylord) Demographics

    45 Median Age
    77 Population Density (per sq. mile)
    39% College Educated
    $56,270 Estimated Median Income
    6,137 Estimated Total Home Owners
    1,953 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    19,865 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $315,000 Median Sales Price
    27 Homes Sold
    44 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: $1,099,000
        9/23/2022 1:23:00 PM New in Database Source: Multiple Listing Service New Value: $1,099,000

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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.