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5600 Lapeer Road

Kimball Twp, MI 48074
  • $650,000
  • STATUS: Active
  • ON SITE: 335 Days
  • ID#: 2210089794
UPDATED: 51 min ago
$650,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,534
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
201.00X116.00

School Ratings & Info

School District:

Description

The owners of this well established and profitable restaurant are retiring after 40+ years. They have laid down the ground work in more ways than one. Longevity speaks volumes for the employees. Not only is this a great restaurant that seats 178 but on the one side is a well running pizzeria with seating that holds 35. Sit at the active bar and play keno/lotto while you enjoy food or drink. Restaurant is close to a busy intersection and newer businesses and homes. Plenty of parking in front and the back. Comes with 3 ovens, pizza oven, 3 deep fryers, grill, mixer, 2 sandwich coolers, 2 large walk in coolers,1 commercial cooler, 3 coffee makers, 2 free standing freezers, pop cooler and a double beer tapper. Serious buyer/investors ONLY.

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IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 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: 2022-09-27T15:58:19.437.
www.nexushomesearch.com/homes/122752465
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5600 Lapeer Road Kimball Twp, MI 48074

  • Price: $650,000
  • Status: Active
  • On Site: 335 Days
  • Updated: 51 min ago
  • ID#: 2210089794
0
Beds
0
Baths
0
½ Baths
0.69
Acres
4,534
SQFT
$143
$/SQFT
1950
Built
Neighborhood:
Kimball Twp
County:
St. Clair
Area:
Kimball Twp
School District:
PORT HURON
Property Description
The owners of this well established and profitable restaurant are retiring after 40+ years. They have laid down the ground work in more ways than one. Longevity speaks volumes for the employees. Not only is this a great restaurant that seats 178 but on the one side is a well running pizzeria with seating that holds 35. Sit at the active bar and play keno/lotto while you enjoy food or drink. Restaurant is close to a busy intersection and newer businesses and homes. Plenty of parking in front and the back. Comes with 3 ovens, pizza oven, 3 deep fryers, grill, mixer, 2 sandwich coolers, 2 large walk in coolers,1 commercial cooler, 3 coffee makers, 2 free standing freezers, pop cooler and a double beer tapper. Serious buyer/investors ONLY.
Exterior Features

Architecture Level 1 Story Construction Materials Block/Concrete/MasonryShingle Siding Foundation Details Slab Foundation Materials Block Interstate YN No Lot Size Dimensions 201.00X116.00 Road Frontage Feet 201 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Building Area Source Appraiser Commercial Utilities Dual-Flush ToiletsSecurity AlarmSmoke Alarm Heating Cooling Forced AirCentral Air Heating Fuel Natural Gas Sq Ft Main 4534 Sq Ft Office 0 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Business Licenses Beer & WineCarry-OutLiquorLotteryLotto Terminal Business Type Retail Commercial Type Business And Real Estate Current Use Restaurant Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 888000.00 Inventory Included YN Yes Inventory List YN Yes Land Contract YN No Listing Financing CashConventional Monthly Sales 84500 Net Operating Income 65000.00 Operating Expense 92000.00 Ownership Status Short Sale - NoPrivate Owned Possession Negotiable Postal City Kimball Protection Period 180 Days Settlement Township Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 3148.0000 Tax Amount Winter 931.0000 Title Standard (Private) Total Tax 4079.0000 Unparsed Address 5600 Lapeer Road Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Coldwell Banker Weir Manuel-Plymouth: (734) 453-6800 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 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: 2022-09-27T15:58:19.437.
 
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