110 Battle Aly Holly, MI 48442

The Holly Hotel, a 9,575 square foot restaurant established in 1891 and renovated in 1979, is available for purchase at $899,000. This iconic Holly, Michigan landmark, situated on a 0.24-acre lot at 110 Battle Aly, 48442, boasts a rich history as a premier dining destination for over four decades. The property includes 12 dedicated parking spaces, supplemented by ample free public parking nearby. While the western exterior wall sustained fire damage in 2022 from a neighboring fire, the building has been declared structurally sound and all fire, smoke, and water damage has been remediated. The interior has been stripped to studs and floors, allowing for complete customization. The sale includes all salvaged antiques, fixtures, furniture, equipment (FFE), trademarks, mailing lists, the website, and a Class C liquor license. The seller will complete the restoration of the western exterior wall before closing. The restaurant features seating for 140 on the first floor, 128 on the second floor, and 68 in a lower-level space with a separate entrance, plus seasonal outdoor seating. This National Register of Historic Places property is eligible for various historic grants and funding opportunities, including MEDC funding, State of Michigan Historic Commission funding/tax incentives, and Oakland County Historic Downtown funding, as well as low-interest financing. The seller has already explored these options and will assist the new buyer in pursuing them. Further details are available at www.hollyhotel.com.