Restaurant Business and Property for Sale

Business Opportunity for Sale
Catylist Listing ID: 30374605
Property Subtypes: Food and Beverage
Building Size (RSF): 2,836 SF
Sale Price: $325,000
In Opportunity Zone? Yes
Name of Establishment: The Depot
Gross Revenue: $834,000 (Annual)
Cash Flow: $109,294 (Annual)
Sale Terms: Cash or financed. Business includes fixtures and equipment.
Last Updated: 8/8/2019

Overview / Comments

Located in downtown Grant, this well established restaurant was recently renovated in 2013. Easily accessed from M37 (Mason Dr) or from Main Street just south of W. State Road (120th St). It is famously located next to a State Historical Marker, the oldest wooden water tower. Lot is approximately 142 ft X 167 ft (on 0.54 Acres). Ample on-site asphalt parking.

Additional Details

Nearest MSA: Muskegon
County: Newaygo
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,472 3,406 7,743
Median Age: 32.97 33.57 37.01
Households: 505 1,187 2,860
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.