8448 W Hazel Road $560,000

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    8448 W Hazel Road Mears, MI 49436

    Closed
    SOLD 5/26/2022

    $560,000

    Market Estimate
    • 3,736 sq. ft.
    • 0.48 Acres
    • Commercial
    • MLS# 21023423
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    Property Details

    Full service restaurant located in the heart of downtown Silver Lake. A Silver Lake staple. 3700 SQ FT of space with current dining seating for 98. Very spacious kitchen with grills, fryers, pizza oven and prep stations. Plenty of room for your creative ventures. There is a separate take-out window which offers many opportunities. Or use this space for increased seating capacity. Price includes on site equipment including ATM and vending machines. There is small space on the end of the building being leased for $800 a month may through September. The owner has found multiple income opportunities outside of the restaurant. The location offers a high level of foot traffic at the main hub of Silver Lake. Financials available with receipt of signed confidentiality agreement.

    • General Features
      • Year Built 1977
      • New Construction Y/N false
      • Business Type Restaurant,Retail
      • County Or Parish Oceana
      • Property Sub Type Business
      • Tax Annual Amount 5635.0
    • Building Features
      • Construction Materials Wood Siding
      • Building Area Total 3736.0
      • Roof Rubber
      • Number Of Units Total 0
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 2
      • Bathrooms 2
      • Sewer Septic System
      • Parking Total 20.0
    • Property Features
      • Lot Size Acres 0.48
      • Lot Size Area 0.48
      • Number Of Buildings 1
      • Utilities Telephone, Cable Connected, Broadband
      • Water Source Well, Public
    • Schools
      • High School District Hart

    Neighborhood

    49436 (Mears) Demographics

    58 Median Age
    42 Population Density (per sq. mile)
    35% College Educated
    $51,326 Estimated Median Income
    623 Estimated Total Home Owners
    148 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,615 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $638,750 Median Sales Price
    4 Homes Sold
    12 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%
        5/26/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $560,000
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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.