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$975,000
19327 Caberfae Highway
Wellston, MI 49689
MLS# 23031277
2 baths  |  2968 sqft


19327 Caberfae Highway, Wellston, MI 49689
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Property Description
NEW PRICE....Investors welcome, add this restaurant to your portfolio. This property is situated near multiple trailheads and on M55 connecting Manistee and Cadillac, is the Red Neck Yacht Club. Built in 2019, this turn-key restaurant/bar will surely impress. No expenses were spared with the construction of this building. Property features LED lighting inside and out, integrated grease separator into the oversized septic system, a 32 KW back-up generator, 5'' type 2 commercial well, state of the art kitchen equipment includes, Peerless Pizza oven, 2 chicken broasters, Manitowoc 600 Ice maker and more, a 12 camera security system, too many things to mention, 550 Resort liquor license and inventory to be sold separately. Call for a private showing, serious inquiries only please.

Details
Maps
Location & Property Info
County: Manistee
Street #: 19327
Street Name: Caberfae Highway
State: MI
Zip Code: 49689
Cross Streets: Snyder
Property Sub-Type: Retail/Commercial
Area: MasonOceanaManistee - O
Municipality: Norman Twp
Office/Contract Info
Status: Active
Current Price: $975,000
List Price: $975,000
Auction or For Sale: For Sale
List Price/SqFt: 328.5
Prop Avail for Lease?: No
Sub Agency: 2.5
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord: 1
Trans Coord Type: %
Listing Date: 2023-08-22
Current Bldg Use: Reastaurant/Bar
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.5
Lot Square Footage: 108900
Lot Dimensions: 300 x 365
Year Built: 2019
Road Frontage: 300
Mineral Rights: Unknown
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 2968
Property Use Type: Business
Full Baths: 2
Total Baths: 2
Waterfront: No
School District: Kaleva-Norman-Dickso
Tax Info
Tax ID #: 10-017-200-10 + 10-900-260-00
Taxable Value: 111700
SEV: 111700
For Tax Year: 2023
Annual Property Tax: 5600
Tax Year: 2023
Spec Assessment & Type: None
Non-Conforming Use: No
Remarks & Misc
Legal: Lengthy Legal - see listing
Directions: From Cadillac take M55 West past M37 just west of Low bridge at the top of the hill on left. From Manistee take M55 East through Wellston and about 1 mile East of Snyder road on right.
SqFt Information
Total Bldg Retail Sq: 2968
Total Bldg SqFt (Gro: 3684
Waterfront Options
Water Access Y/N: No
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge; Restaurant
Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type: Concrete; Frame/Wood
Exterior Material: Vinyl Siding; Wood Siding
Roofing: Composition
Foundation: Concrete Perimeter; Slab
Below Grade: None
Additional Features: Bath Common Area; Outdoor Storage; Security System
Sewer: Septic System
Water: Well
Utilities Attached: Cable; Electric; Propane; Telephone
Util Avail at St: Cable; Electric; Telephone
Heat Source: Propane
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Gravel
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo; Survey
Docs Req Conf Agrmnt: Financials
Sale Conditions: None

Listing Office: City2Shore Port City Associates

Listing Agent: Kurt Dawdy

Last Updated: March - 14 - 2024

19327 Caberfae Highway, Wellston, MI 49689 - MLS# 23031277
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