4997 Good Harbor Trail Cedar, MI 49621

Sold In House

$600,000

Market Estimate

11.34 Acres
Commercial
MLS# 1885701

Listing provided courtesy of: Five Star Real Estate - Cedar: 9104 S. Kasson Street, Cedar, MI

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Property Details

Description

Leelanau County restaurant with 11.34 acres. 2,956sq ft restaurant is located on 1.34 acres with paved parking for 50 vehicles. This listing includes an additional 10 acre, adjacent parcel which is zoned agricultural. This expansive location offers endless possibilities for additional development or to build your dream home adjacent to the business. Sugarfoot Saloon has been a Leelanau County staple since 1967. The current owners have been running it since 1987 & they're ready to retire. The sale includes a Class C liquor license for on-site consumption and take-out, brew pub license and catering license all currently in escrow which would be transferable upon approval. Existing furniture, fixtures and equipment are included. The restaurant is currently set to serve 96 guests in the main dining area (including 20 bar seats) but there is room for an additional 50 seats. There is plenty of room to add an outside patio for additional dining.

General Features
- Licenses Beer/Wine, Food, Liquor, Special Use
- Included In Lease None
- Business Incl Yes
- Business Name Sugarfoot Saloon
- Type of Ownership Private Owner
- Approx Year Built 1967
- Type Hospitality
- Town T 12S
- Township Centerville
- Present Use Restaurant/Food Service
Building Features
- Extras Furniture/Fixtures, Security System
- Foundation Partial
- Heating Cooling Source Propane Gas
- Roof Asphalt
- Heating Cooling Type Central Air, Forced Air
- # Restrooms 2
- Apx Total Fin SQFT 2,956
Property Features
- Water Private Well
- Vacant Land No
- Univs Design/Barrier Free None
- Road Blacktop, Public Maintained
- Sewer Private Septic
- Parking Parking Lot, Paved
- Parking Spaces 50
- Exterior Features Vinyl
- Construction Frame
- Lot Dimensions Irregular
- Location Corner Lot, Freestanding

Neighborhood

49621 (Cedar) Demographics

46 Median Age

58 Population Density (per sq. mile)

53% College Educated

$64,663 Estimated Median Income

1,366 Estimated Total Home Owners

147 Estimated Total Renters

90% / 10% Estimated Owner / Renter Divide

3 Estimated Average Household Size

3,833 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$634,500 Median Sales Price

8 Homes Sold

8 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%
3/23/2022 3:00:00 AM	Sold Source: Multiple Listing Service	New Value: $600,000

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.