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1088 S University Street

Mt. Pleasant, MI 48858
  • $625,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: 20221026296
UPDATED: 38 min ago
$625,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,100
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1998
County:
Zoning:
Commercial
Lot Size Dimensions:
98X136x101x136

School Ratings & Info

School District:

Description

1088 S University is a turnkey restaurant in a prime location directly across from Central Michigan University. The property is located across the street from the central campus and Grawn Hall, home to CMU's college of business & administration. This property features a sprawling main level boasting 4,100 square feet, with a commercial kitchen, dining area, and separate event space. The building also features a fully finished lower level with an entertainment area perfect for an arcade or secondary event space, a dressing room w/ a full bath, and ample storage. Don't miss a rare opportunity to purchase a restaurant-ready property in a prime location.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-11-30T12:02:37.947.
www.nexushomesearch.com/homes/131523463
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1088 S University Street Mt. Pleasant, MI 48858

  • Price: $625,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 38 min ago
  • ID#: 20221026296
0
Beds
0
Baths
0
½ Baths
0.28
Acres
4,100
SQFT
$152
$/SQFT
1998
Built
Neighborhood:
College Hill Add
County:
Isabella
Area:
Mount Pleasant
School District:
MT. PLEASANT
Property Description
1088 S University is a turnkey restaurant in a prime location directly across from Central Michigan University. The property is located across the street from the central campus and Grawn Hall, home to CMU's college of business & administration. This property features a sprawling main level boasting 4,100 square feet, with a commercial kitchen, dining area, and separate event space. The building also features a fully finished lower level with an entertainment area perfect for an arcade or secondary event space, a dressing room w/ a full bath, and ample storage. Don't miss a rare opportunity to purchase a restaurant-ready property in a prime location.
Exterior Features

Architecture Level 1 Story Commercial Exterior Features Outside LightingDoors Under 10 Ft Construction Materials Block/Concrete/Masonry Foundation Details Basement Foundation Materials Block Lot Size Dimensions 98X136x101x136 Road Frontage Feet 136 Road Frontage Type Class APaved Roof Material Other Waterfront YN No

Interior Features

Building Area Source Public Records Commercial Utilities HumidifierEmployee Lunch/Lounge3 Phase Power Heating Cooling Forced Air Office Heating Cooling Central AirForced Air Sq Ft Main 4100 Water Heater Fuel Natural Gas

Property Features

Accessibility Features Accessible Common Area Assessment 0.00 Business Type Retail Commercial Type Real Estate Only Current Use Business Deposit Amount 250000.00 Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 6 Land Payment 5000 Land Terms 60 Listing Financing CashContractConventional Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Mt. Pleasant Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary)Storm Drain Short Sale No Tax Amount Summer 14253.0000 Tax Amount Winter 4454.0000 Title Standard (Private) Total Tax 18707.0000 Unparsed Address 1088 S University Street Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Casablanca Real Estate Company, Llc: (734) 222-1010 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-11-30T12:02:37.947.
 
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