Listing ID19037783
Sold For$450,000
StatusClosed
Sold Date1/03/2024
Total Baths2
Full Baths2
SqFt
1,822
Acres
0.070
CountyBerrien
Year Built1932
Property TypeCommercial Sale
Property Sub TypeBusiness
What a great time to be your own boss! This profitable & well established Restaurant/Bar for sale in the quaint Village of Three Oaks will be a wonderful place for you to call home! There is a nice profit margin to be had here. This business will be sold with all the operating equipment, inventory & real estate. It also has an active MLCC Class C liquor license, that is included in the price of this downtown establishment. Being on the main street, in a prime location, your business opportunities are ENDLESS! The currant owner has over 20 years in the business and would like to retire and enjoy some free time.
County
Berrien
Price Before Reduction
515000
Price Reduction Date
2023-03-12T17:24:52+00:00
Property Sub Type
Business
Property Type
Commercial Sale
Year Built
1932
Cooling
yes
Cooling Type
Central Air
Fireplaces Total
1
Heating
yes
Stories Total
1
Attached Garage
no
Construction Materials
Brick, Block, Stone
Lot Size Area
0.07
Lot Size Square Feet
2904
Lot Size Units
Acres
New Construction
no
Number Of Buildings
1
Number Of Units Total
1
Parking Features
Paved
Roof
Concrete
Sewer
Public Sewer
Utilities
Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected
Water Source
Public
Directions
From US 12, go north on Elm Street between Central & Maple Streets.
Coming south on Three Oaks Rd, go thru town , between Maple & Central Streets.
High School District
River Valley
MLS Area Major
Southwestern Michigan - S
MLS Area Minor
Southwestern Michigan - S
Waterfront
no
Business Type
Bar/Tavern/Lounge
Mls Status
Sold
Sub Agency Compensation
3.00
Transaction Broker Compensation
3.00
Inclusions
1, 1, 1, 1, 1
Lease Considered
no
Listing Terms
Conventional, Cash
Ownership Type
Partnership
Tax Annual Amount
1785
Tax Assessed Value
34054
Listing courtesy of Our Team - IREP ERA Powered
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2024 MichRIC, LLC. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Capstone Real Estate, LLC directly for additional information pertaining to the status and availability of properties displayed on this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated Thursday, March 28th, 2024.
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2024 MichRIC, LLC. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Capstone Real Estate, LLC directly for additional information pertaining to the status and availability of properties displayed on this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated Thursday, March 28th, 2024.
Data services provided by IDX Broker