Restaurant and Real Estate for Sale in Ionia

Retail-Commercial for Sale
Catylist Listing ID: 30384800
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 1,800 SF
Gross Building Area: See Agent
Gross Land Area: 1.78 Acres
Sale Price: $469,000
Unit Price: $260.56 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/20/2020

Overview / Comments

Very profitable, full service restaurant for sale. Current owners have made significant investment to update the building. Business has experienced year over year increases in sales over the past five years. Truly a turn key operation for an owner/investor or a great opportunity for a hands on owner to continue the growth trajectory of the business.

Additional Details

Nearest MSA: Ionia
County: Ionia
Taxing Authority: Ionia Township
Tax ID/APN: 060-029-000-035-00
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Riverside Rd
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,999 15,086 18,923
Median Age: 33.27 34.88 35.62
Households: 721 4,290 5,319
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.