Properties for sale in Michigan

Overview

Description

HUGE PRICE REDUCTION---Property did not sell thru no fault of the Sellers--Is this your dream to OWN your own restaurant ? Well the opportunity is here. Property is over 1.5 acres with plenty of room for outside dining !! 3500 sq ft upstairs and 3500 sq ft downstairs with additional full service bar. Stacy's is not just a place to come and get a fine meal, ITS a DESTINATION ! People have been coming to this location for fine meals every since it was opened in 1960 as Eagle Park Inn. t has changed hands over the years but has ALWAYS been the go to place for a fine meal. The building and restaurant has been operating as Stacy's since 1990 and has a thriving ,profitable business. Price includes Property, Building all equipment and a Class C license. Great Opportunity

Location Property Info

County: Cass
Street #: 23018
Street Direction: S
Street Name: South Shore
Suffix: Drive
State: MI
Zip Code: 49112

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 1.5
Lot Square Footage: 65340
Lot Dimensions: 120 x 500
Year Built: 1960
Road Frontage: 500
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
Total SqFt: 3967
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Edwardsburg

Tax Info

Tax ID #: 14-090-085-001
Taxable Value: 115100
SEV: 115100
For Tax Year: 2024
Seller's Annual Property Tax: 4897
Tax Year: 2024
Spec Assessment & Type: none
Homestead %: 0

Remarks Misc

Directions: US 12 east of Edwardsburg to Eagle Lake Road---Go North to address---No Sign

Business Opportunity

Business Description: Restaurant
Gross Sales 3 Year ($): 2812719

More Information

Location & Property Info

Cross Streets: Eagle Lake Road and s shore
Property Sub-Type: Retail
Area: Southwestern Michigan - S
Municipality: Ontwa Twp
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 200.4
Prop Avail for Lease?: No
Current Bldg Use: Restaurant

Remarks & Misc

Public Remarks: HUGE PRICE REDUCTION---Property did not sell thru no fault of the Sellers--Is this your dream to OWN your own restaurant ? Well the opportunity is here. Property is over 1.5 acres with plenty of room for outside dining !! 3500 sq ft upstairs and 3500 sq ft downstairs with additional full service bar. Stacy's is not just a place to come and get a fine meal, ITS a DESTINATION ! People have been coming to this location for fine meals every since it was opened in 1960 as Eagle Park Inn. t has changed hands over the years but has ALWAYS been the go to place for a fine meal. The building and restaurant has been operating as Stacy's since 1990 and has a thriving ,profitable business. Price includes Property, Building all equipment and a Class C license. Great Opportunity
Legal: Eagle Park-lots1-10

Street Type

Public: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Private Water: Yes
Well: Yes

Uses

Restaurant: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

Basement: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Real Estate: Yes

Util Avail at St

High Speed Internet: Yes

Driveway

Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes
Land Contract: Yes

Possession

Close Of Escrow: Yes

Property Features

Uses: Restaurant Ownership: LLC Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Wood Siding Roofing: Composition Below Grade: Basement Sewer: Public Sewer Water: Private Water; Well Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: High Speed Internet Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Public Purchase Terms Avail: Cash; Conventional; Land Contract Sale Conditions: None Possession: Close Of Escrow

23018 S South Shore Drive, Edwardsburg, MI 49112