220 N Grand Street

    Schoolcraft, MI 49087
    • $475,000
    • STATUS: Active
    • ON SITE: 191 days
    • MLS #: 18009568
    UPDATED: 33 min ago
    $475,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,261
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1872
    County:

    School Ratings & Info

    School District:

    Description

    Now available for purchase, Bud's Food and Drink, a long-established and popular restaurant in the Southwest Michigan food and beverage scene. This profitable turn-key offering comes complete with the real estate (including two residential rental apartments on the upper-level), all business assets, liquor-license, furniture and fixtures. The owners have upgraded/replaced many items in the last ten years including a new roof, new larger septic system, new condenser and fan units on outside walk-in cooler, replaced and repositioned the actual bar, several coolers, ice-maker, fire-suppression system, and added a fenced-in patio area for outside seating.This great revenue generator is located in historic downtown Schoolcraft which is a bedroom community, fifteen minutes south, of theKalamazoo/Portage metro region. Highly-visible location with 23,000 vehicles per day driving immediately in front of the restaurant. The local school district is highly sought-after and as a result the district is one of the fastest growing areas in the metro-Kalamazoo area. Great opportunity for a Buyer to take this business to the next level. Financials available upon signing of a Confidentiality Agreement. Must have appointment to view, please do not approach employees regarding the sale. NOTE: The square footage is estimated.

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    © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2018-09-23T16:01:13.073.
    www.grandrapidsmihomesforsale.com/homes/81586319

    220 N Grand Street Schoolcraft, MI 49087

    • Price: $475,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 18009568
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    6,261
    SQFT
    $76
    $/SQFT
    1872
    Built
    Neighborhood:
    Schoolcraft Vllg
    County:
    Kalamazoo
    Area:
    K21 - Schoolcraft & Prairie Ronde Twp
    School District:
    Schoolcraft
    Property Description
    Now available for purchase, Bud's Food and Drink, a long-established and popular restaurant in the Southwest Michigan food and beverage scene. This profitable turn-key offering comes complete with the real estate (including two residential rental apartments on the upper-level), all business assets, liquor-license, furniture and fixtures. The owners have upgraded/replaced many items in the last ten years including a new roof, new larger septic system, new condenser and fan units on outside walk-in cooler, replaced and repositioned the actual bar, several coolers, ice-maker, fire-suppression system, and added a fenced-in patio area for outside seating.This great revenue generator is located in historic downtown Schoolcraft which is a bedroom community, fifteen minutes south, of theKalamazoo/Portage metro region. Highly-visible location with 23,000 vehicles per day driving immediately in front of the restaurant. The local school district is highly sought-after and as a result the district is one of the fastest growing areas in the metro-Kalamazoo area. Great opportunity for a Buyer to take this business to the next level. Financials available upon signing of a Confidentiality Agreement. Must have appointment to view, please do not approach employees regarding the sale. NOTE: The square footage is estimated.
    Exterior Features

    Construction Type Frame/Wood Exterior Material Brick/Stone Finished Building Levels 2.00 Lot Dimensions 149'X128.34' Number Of Buildings 1.00 Road Frontage 149.00 Roofing Rubber Street Type PavedPublic Waterfront No

    Interior Features

    Air Conditioning Central Below Grade BasementFull Heat Source Natural Gas Heat Type Forced Air Interior Features Bath Common Area Sq Ft Total 6261.00 Tot Bldg Other Sq Ft 2948.00 Tot Bldg Retail Sq Ft 3313.00 Tot Bldg Sq Ft Gross 6261.00

    Property Features

    Annual Property Tax 4987.44 Association Greater Kalamazoo Association Of Realtors Business Includes EquipmentFurnitureInventoryLicensesReal Estate Commercial Type Business Opportunity Current Use Bar/Restaurant Mineral Rights Unknown New Construction No Ownership Corporation Sale Conditions None Sewer Septic System Tax Year 2017 Terms Available Cash/Conventional Uses Bar/Tavern/Lounge Util Avl At Street ElectricNatural GasPublic SewerPublic WaterStorm SewerTelephone Utilities Attached ElectricNatural GasTelephone Water Public Zoning Cbd

    Listing provided courtesy of Marc R Tourangeau of Nai Wisinski Of West Michigan. © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
    © 2018 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2018-09-23T16:01:13.073.
     
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