Property summary
Prime Bay City location awaits a new owner for this established restaurant at 1705 Columbus Ave. This 4,055 square foot building, built in 1910 and situated on a 0.38-acre lot (APN 16002715301300), offers a fantastic business opportunity. The property includes a fully equipped kitchen, two patios, and a two-bedroom apartment. With a seating capacity of 170, the restaurant boasts a full liquor license and all necessary equipment, furniture, dishware, and glassware are included in the sale price of $375,000. The west side of the building underwent a complete redesign and rebuild in 2003. A spacious 4,000 square foot basement provides ample storage, along with a new ice maker, walk-in cooler, laundry facilities, and prep area. A comprehensive sound system (including patios), pager system, and computerized POS device are in place. The restaurant also offers outdoor dining and takeout/delivery services. This turnkey operation is ready for a new owner to step in and continue its success. The property is located in Bay City, Michigan, zip code 48708.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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