735 Frankfort Avenue $240,000

    Close

    735 Frankfort Avenue Elberta, MI 49628

    Sold In House

    $240,000

    Market Estimate
    • 0.15 Acres
    • Commercial
    • MLS# 1880233
    Favorite Share
    Views: 148

    Property Details

    Very success year around restaurant with local and tourist traffic located on iconic M-22. This turn key business is a great opportunity to be your own boss. 1800 square feet with in door seating for 50 and patio seating for 20. Several updates to building and equipment. Currently open 8 a.m.- 2 p.m. doing breakfast and lunch. Opportunity awaits. Very short distance to the Betsie Bay, bike trails, Lake Michigan, and Frankfort.

    • General Features
      • Licenses Food
      • Included In Lease None
      • Business Incl Yes
      • Business Name Lighthouse Cafe LLC
      • Type of Ownership Private Owner
      • Approx Year Built 1975
      • Type Hospitality
      • Town T 26N
      • Township Gilmore
      • Present Use Restaurant/Food Service
    • Building Features
      • Extras Furniture/Fixtures
      • Foundation Slab
      • Heating Cooling Source Natural Gas
      • Roof Metal
      • Heating Cooling Type Forced Air, Central Air
      • # Restrooms 2
      • Apx Total Fin SQFT 1,800
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free Covered Entrance
      • Road Blacktop, Public Maintained
      • Sewer Municipal
      • Parking Parking Lot, Street Parking
      • Parking Spaces 4
      • Exterior Features Steel
      • Construction Frame
      • Lot Dimensions 60x115
      • Location Inside Lot

    Neighborhood

    49628 (Elberta) Demographics

    45 Median Age
    81 Population Density (per sq. mile)
    42% College Educated
    $72,614 Estimated Median Income
    66 Estimated Total Home Owners
    3 Estimated Total Renters
    96% / 4% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    190 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $182,000 Median Sales Price
    2 Homes Sold
    0 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%
        2/21/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $240,000
        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.