11324 Us-31
Elk Rapids, MI 49629
MLS #1836077

Commercial
  • 5,800sq ft
$535,000
Est. P&I payment: $2043.34/mo
11324 Us-31, Elk Rapids, MI 49629
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Description for 11324 Us-31, Elk Rapids, MI 49629
Great location for your new restaurant! Come take a look at the opportunity waiting for your touches. Dining room with seating for 60+ and the lounger area can seat 66 and bar has seating for 15. Dance floor too! Includes equipment, fixtures and real estate along with liquor license, beer and wine carryout license and entertainment license. Lottery and Keno here as well. Do you have the desire to be creative and make this restaurant your own? Call to see!
MLS #1836077
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My Notes for MLS #1836077

General Features

  • Property Type: Hospitality
  • Total Finished SqFt: 5,800
  • Number of Acres: 1.5
  • Lot Dimensions: 261x250
  • Approx Year Built: 1950
  • Zoning: Commercial

Exterior Features

  • Vacant Land: No
  • Roof: Membrane,​Other
  • Exterior Features: Stone,​Stucco/Drivit
  • Parking: Parking Lot

Interior Features

  • Number of Restrooms: 2

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air,​Central Air,​Electric Air Cleaner
  • Water: Private Well
  • Sewer: Private Septic,​Dry Well
  • Energy Efficient: Chemical Free Insulation

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 92.24
  • Sale or Lease: For Sale
  • Summer Taxes: 6,055.68
  • Winter Taxes: 1,053.24
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Total Taxes: 7,108.92
  • Terms: Conventional Mortgage,​Commercial Loan,​Cash
  • Included in Lease: None

Community Features

  • Development Name: none

Misc Features

  • Deeded Waterfront: No
  • Business Name: Vasquez' Hacienda
  • Year Updated: 2003
  • Year Remodeled: 2012
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: Yes
  • Inventory Included: No
  • Present Use: Restaurant/Food Service
  • Foundation: Poured Concrete,​Slab
  • Possession: Negotiable
  • Construction: Frame

Location

 
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Directions to 11324 Us-31, Elk Rapids, MI 49629
Located on US-31 two miles South of Elk Rapids
Listing information for 11324 Us-31, Elk Rapids, MI 49629 was graciously provided by our friends at the listing brokerage, Krause Realty Solutions 488 Munson Avenue, Traverse City, MI 49686

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P&I Payment $2043.34
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Paramount's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Paramount, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Last Updated 04/21/2018 at 10:40pm
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