$250,000
Bangor, MI 49013
MLS# 24015028
6758 sqft
1 / 10
Property Description
Well established business opportunity on highly traveled M 43 Hwy. Current owners have run this for 40 plus years. Currently serving lunch, dinner and has a full bar with 10 taps, full kitchen, capacity of 160+ in the bar/restaurant area with banquet/meeting room and Class C liquor license. There is an additional 1,200 sq. ft. that could allow for further expansion or leased out for additional income. Full basement under part of building for storage.
Details
Maps
Location & Property Info
County: Van Buren
Street #: 233
Street Direction: W
Street Name: Monroe
State: MI
Zip Code: 49013
Cross Streets: Railroad and Division
Property Sub-Type: Retail/Commercial
Area: Southwestern Michigan - S
Municipality: Bangor City
Office/Contract Info
Status: Active
Current Price: $250,000
List Price: $250,000
Auction or For Sale: For Sale
List Price/SqFt: 36.99
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 4
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-03-29
Current Bldg Use: Bar and Restaurant
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7318
Lot Dimensions: 74 x 99
Year Built: 1940
Road Frontage: 74
Total # Units: 2
# Fin Bldg Lvls: 1
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total SqFt: 6758
Full Baths: 3
Waterfront: No
School District: Bangor
Tax Info
Tax ID #: 805460300450
Taxable Value: 119500
SEV: 135800
For Tax Year: 2021
Annual Property Tax: 7000
Tax Year: 23
Spec Assessment & Type: None Known
Remarks & Misc
Legal: Attached
Directions: Monroe is M 43 Hwy as it passes through Bangor. This property is in the heart of downtown.
SqFt Information
Rentable Retail SqFt: 1200
Total Bldg Retail Sq: 3040
Total Bldg SqFt (Gro: 6758
Unit 1
SqFt: 5558
Unit 2
SqFt: 1200
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge; Restaurant; Retail
Ownership: LLC
Business Includes: Equipment; Inventory; Licenses; Real Estate
Construction Type: Block; Pole/Wood
Exterior Material: Brick; Wood Siding
Roofing: Other
Below Grade: Basement
Additional Features: Bath Common Area
Sewer: Public
Water: Public
Utilities Attached: Natural Gas
Util Avail at St: Broadband
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: Kalvan Realty
Listing Agent: Ron Henry
Last Updated: April - 01 - 2024
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for 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.