110 Battle Aly Holly, MI 48442
Unique restaurant opportunity with historic significance and potential funding.
Type:Retail
Property size:
9,575 SFPrice / SF:
$93/SF- Added:
- Sep 13, 2024
- Days on Market:
- 586
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 110 Battle Aly
General Information
- Standard status
- Active
- Size
- 9,575 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1891
Listing agent Larry Schultz License #MI
Listing office Friedman Real Estate
Listing date Sep 13, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate
Overview
Historic Holly Hotel For Sale
The Holly Hotel, a well-known restaurant, sustained damage from a neighboring fire in 2022. Following remediation, the 9,575 square-foot property is prepared for renovations. This presents an opportunity to re-establish a unique property and cater to an existing clientele. Antiques that were salvaged from the property will be transferred along with Furniture, Fixtures, and Equipment (FFE) and the liquor license. The Holly Hotel, operated by the current owners since the 1970s, is listed on the National Register of Historic Places. As such, the property is eligible for various funding and tax incentives, including those from the Michigan Economic Development Corporation (MEDC), the State of Michigan Historic Commission, and Oakland County Historic Downtown, as well as low-interest financing. The seller is willing to assist a new buyer in pursuing these options.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Alley cat club
Bar & Pub
Historic Holly Hotel
Restaurant
Location Insight
- Map
- Local Demand
- City
- Holly
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6267089
- Latitude
- 42.7907432
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Unique restaurant opportunity with historic significance and potential funding.
Where is this restaurant located?
The property is located at 110 Battle Aly Holly, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Opportunity to renovate and re‑open the historic Holly Hotel, a premier destination restaurant with an established clientele.; Includes saved antiques, Furniture, Fixtures, and Equipment (FFE), and a liquor license.; Eligible for numerous historic grants, MEDC funding, State of Michigan Historic Commission funding/tax incentives, Oakland County Historic Downtown funding, and low‑interest financing.
