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118 N Center Street W

Stockbridge Vlg, MI 49285
  • $249,000
  • STATUS: Active
  • ON SITE: 126 Days
  • ID#: 20221036218
Foreclosure
UPDATED: 238 min ago
$249,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,150
    SQFT
  • $60
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
County:
Zoning:
Commercial
Lot Size Dimensions:
132.00 X 132.00

School Ratings & Info

School District:

Description

Remarkable inside/outside use building in the Village of Stockbridge. Previously known as the German Restaurant where people traveled to visit from an hour away. Community members have begged for another restaurant/bar. Currently used as a Hall & Event space the building has been updated and is ready for your creative business ideas. Over 4000 s.f.+ Patio area offers the opportunity to run an Indoor/outdoor space for food and beverage or parties. Located in a recreational area along walking/bike/equestrian trails, near state parks, camping, lakes and resorts allows for potential of a resort liquor license (must be handled with the Liquor Control Commission . Stockbridge is equidistant to Jackson, Lansing, Brighton/Howell and Ann Arbor. 2022 was a year of updates and the building hasn't been in better shape. New walk-in cooler components, zero freeze, fire suppression system and with just a few pieces of kitchen equipment you can literally be in business. Current furnishings and equipment are included. Plenty of free parking with ten owned spaces and two municipal lots adjacent to the property. Appointment required. Financials discussed at the appropriate time. Great opportunity for a food truck convoy kitchen or office space all while keeping the hall space going. Many options will work. The Village of Stockbridge does not presently allow cannabis business. LC terms may be available for an approved buyer. Three separate spaces secured with locking doors in-between. Multiple tenant opportunity.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 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: 2023-01-31T23:56:43.163.
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118 N Center Street W Stockbridge Vlg, MI 49285

  • Price: $249,000
  • Status: Active
  • On Site: 126 Days
  • Updated: 238 min ago
  • ID#: 20221036218
0
Beds
0
Baths
0
½ Baths
0.4
Acres
4,150
SQFT
$60
$/SQFT
1980
Built
Neighborhood:
Stockbridge Village
County:
Ingham
Area:
Stockbridge Vlg
School District:
STOCKBRIDGE
Property Description
Remarkable inside/outside use building in the Village of Stockbridge. Previously known as the German Restaurant where people traveled to visit from an hour away. Community members have begged for another restaurant/bar. Currently used as a Hall & Event space the building has been updated and is ready for your creative business ideas. Over 4000 s.f.+ Patio area offers the opportunity to run an Indoor/outdoor space for food and beverage or parties. Located in a recreational area along walking/bike/equestrian trails, near state parks, camping, lakes and resorts allows for potential of a resort liquor license (must be handled with the Liquor Control Commission . Stockbridge is equidistant to Jackson, Lansing, Brighton/Howell and Ann Arbor. 2022 was a year of updates and the building hasn't been in better shape. New walk-in cooler components, zero freeze, fire suppression system and with just a few pieces of kitchen equipment you can literally be in business. Current furnishings and equipment are included. Plenty of free parking with ten owned spaces and two municipal lots adjacent to the property. Appointment required. Financials discussed at the appropriate time. Great opportunity for a food truck convoy kitchen or office space all while keeping the hall space going. Many options will work. The Village of Stockbridge does not presently allow cannabis business. LC terms may be available for an approved buyer. Three separate spaces secured with locking doors in-between. Multiple tenant opportunity.
Exterior Features

Architecture Level 1 Story Construction Materials Block/Concrete/MasonryBrick Distance To Airport 25 Distance To Interstate 15 Foundation Details SlabHeavy Duty Footings Foundation Materials Poured Lot Size Dimensions 132.00 X 132.00 Road Frontage Feet 132 Road Frontage Type Class B Roof Material Metal Side Of Street W Soil Type Paved Waterfront Description Creek Waterfront YN No

Interior Features

Building Area Source Assessor Commercial Utilities 3 Phase Power220V AvailableCarbon Monoxide Alarm(S)Smoke AlarmCircuit Breakers Heating Cooling Forced AirHeat Pump Heating Fuel Heat PumpNatural Gas Office Heating Cooling Central AirForced Air Sq Ft Main 4150 Sq Ft Office 400 Water Heater Fuel Natural Gas

Property Features

Accessibility Features Accessible Common AreaAccessible EntranceAccessible Hallway(S) Apod Available YN Yes Assessment 0.00 Commercial Type Business And Real Estate Current Use Event SpacePrior Restaurant & BarReal Estate Office Deposit Amount 55000.00 Encroachment YN No Existing Lease YN Yes Gross Scheduled Income 26500.00 Inventory Included YN Yes Land Contract YN Yes Land Interest Rate 7 Land Payment 3100 Land Terms 60 Listing Financing CashContractConventionalOwner May Carry(Purchase Money Mortgage)Warranty Deed Monthly Sales 123 Net Operating Income 19500.00 Operating Expense 7000.00 Ownership Status Bank OwnedShort Sale - No Percent Leased 80 Possession Negotiable Postal City Stockbridge Protection Period 180 Settlement Village Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 1593.0000 Tax Amount Winter 2350.0000 Title Real Estate Owned (Bank) Total Tax 3943.0000 Unparsed Address 118 N Center Street W Water Source Public (Municipal) Year Remodeled 2022 Zone Conform YN Yes Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Performance Realty: (734) 707-8774 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 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: 2023-01-31T23:56:43.163.
 
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