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W 112 Spruce ST $825,000


W 112 Spruce ST Sault Ste Marie, MI 49783

  • Commercial
MLS# 18-215 | Active


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Days On Market: 334 31 Views
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Property Details

PENNY'S KITCHEN & DELI. Excellent Business Opportunity. Thriving, profitable restaurant. This quaint local favorite is known for it's fresh, made from scratch, healthy meals. Located in the heart of down town Sault Ste Marie, MI. Devotedly ran by one owner for twenty plus years with a loyal following. New addition, which added all new bathrooms, walk-in freezer, coolers and increased prep and cooking areas. Sale to include: Name, Liquor License,real-estate, furnishings, fixtures, equipment, hi-tech Espresso machine, commercial blender for shakes and smoothies, good will, signs and recipes. This business does sit down, carry out and catering. The second floor would be great for some loft apartments. Loads of potential. Inventory sold separately. Financials available for pre-qualified buyers

  • General Features
    • Type Business Opportunity
    • Possible Use Mixed Use
    • Present Use Restaurant
    • For Sale or Rent Sale
  • Building Features
    • Roof Rolled Roofing
    • Construction Masonry
    • Basement Partial Basement
    • Exterior Finish Brick
    • Parking 1 - 10 Spaces
    • Heating Forced Air, Natural Gas
    • Extras High Traffic Locatn, Kitchen Area, Restaurant, Restroom, Smoke Detectors
  • Property Features
    • What's Included Equipment Business
    • Road Surface Black Top
    • Drive Black Top
    • Water City
    • Waterfront No
    • Sewer City
  • Schools
    • School District Sault Ste Marie


Garth Mac Master Sr

Broker / Owner

RE/MAX NorthStar Realty

Direct: 906-440-2529


49783 (Sault Ste Marie) Demographics

37Median Age
130Population Density (per sq. mile)
33%College Educated
$40,768Estimated Median Income
4,954Estimated Total Home Owners
2,953Estimated Total Renters
63% / 37%Estimated Owner / Renter Divide
2Estimated Average Household Size
19,672Total Population

Market Last 30 Days

$49,900 Median Sales Price
1 Homes Sold
16 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $825,000
      3/21/2018 10:51:00 AM New in Database Source

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      Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.