Overview
Established Mixed-Use Investment Property
This investment property features a successful Mexican restaurant, ice cream parlor, and multiple rental spaces, situated close to UM Western and downtown Dillon. The main level, encompassing approximately 4556 square feet, houses the restaurant and ice cream parlor, a newly renovated apartment, and two additional spaces available for rent or storage. The basement, with approximately 2700 square feet, contains a 24-hour gym with two bathrooms, two changing rooms, a front counter area, and space for a pro shop, plus additional storage. The basement has two exits for safety, and the current tenant has occupied the space for over 20 years. With over 7200 total square feet on a corner lot, the property offers parking in front and along the side of the building, and is within walking distance of the college and downtown Dillon. Improvements include a new ventilation system, grill, refrigerator units, and glass counters in the restaurant, along with added outdoor seating and remodeled interiors, floors, fixtures, seating areas, tables, chairs, and cabinets. A free-standing gas stove provides warmth in the seating area during winter. The apartment features a spacious floor plan with 4 or 5 nonconforming bedrooms, a full kitchen, one full bath, one half bath, stackable laundry, new floors, and fixtures. There is a separate locked side entry to both the apartment and gym, front access for the restaurant, and a third access/exit on the north side. The property is turnkey and ready for its next owner.
