$895,000
Three Oaks, MI 49128
MLS# 24008170
3896 sqft
1 / 29
Property Description
Harbor Country = Opportunity! Don't let this Fantastic TURNKEY Restaurant/Bar (w/liquor license & a NEW roof in 2023) pass you by. Located in sought after Three Oaks, location includes a 2BED APARTMENT! (Live/work or RENT!) . Patronage is bolstered by a strong second home & short-term rental market, and it's an event destination for weddings, concerts, and beach time. This locale benefits from the US 12 traffic - A thoroughfare to both Notre Dame & New Buffalo's 4Winds casino. Check out the generous upper deck for softball viewing and the perfect outdoor entertainment stage. Private parties, live music, etc. This restaurant is an asset to Three Oaks, still, the commercial possibilities are endless. Commercial growth is happening in Three Oaks NOW! Agent is related to seller. $895,000
Details
Maps
Location & Property Info
County: Berrien
Street #: 6741
Street Direction: W
Street Name: US Hwy 12
State: MI
Zip Code: 49128
Cross Streets: Memorial & Nel's Drive
Property Sub-Type: Business Opportunity
Area: Southwestern Michigan - S
Municipality: Three Oaks Vllg
Office/Contract Info
Status: Active
Current Price: $895,000
List Price: $895,000
Auction or For Sale: For Sale
List Price/SqFt: 229.72
Prop Avail for Lease?: No
Sub Agency: 2.5
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-02-19
Current Bldg Use: FeatherBone Restaurant & Lounge
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.69
Lot Square Footage: 30056
Lot Dimensions: 149x192 Approximate Irregular
Year Built: 1950
Road Frontage: 192
Total # Units: 2
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 3896
Property Use Type: Business
Full Baths: 4
Waterfront: No
School District: River Valley
Tax Info
Tax ID #: 114700030077034
Taxable Value: 61862
SEV: 95800
For Tax Year: 2023
Annual Property Tax: 3087
Tax Year: 2022
Spec Assessment & Type: None Known
Remarks & Misc
Legal: COM 188'W OF SE COR OF SW1/4 OF SE1/4 SEC 3 T8S R20W TH W 193'TH N 155'TH E 193'TH S 155'TO POB ANNEXED PER 1259/197
Directions: Take US Hwy 12 to Three Oaks Michigan.
Business is located in high traffic area next to Everwise bank. The restaurant sits between Memorial and Nel's Dr.
Waterfront Options
Water Access Y/N: No
Business Opportunity
Business Description: Restaurant
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge; Restaurant
Ownership: Corporation
Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition; Rubber
Additional Features: Fire Sprinkler
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Public Sewer; Public Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt; Gravel
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: ERA Reardon Realty
Listing Agent: Gail Grosse
Last Updated: February - 19 - 2024
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