403 17Th St Gladstone, MI 49837
- Commercial real estate
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 403 17Th St
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
- APN
- 052-621-064-00
- APU
- 5262106400
Description
This exceptional business opportunity presents the chance to own the Bungalow Tavern, a well-established Gladstone, MI establishment operating since 1934. Located at 403 N 17th, this charming, railroad-themed venue boasts 1,212 square feet situated on a 0.88-acre lot. The tavern comfortably seats approximately 45 guests with a full bar, two restrooms, and ample parking. The sale includes a valuable liquor license, a pool table, and all necessary equipment for immediate operation. A fully updated kitchen, a key feature of this turnkey operation, is equipped with new appliances, including a walk-in freezer, deep fryers, stove/oven, flat top, and a new ice machine. Recent upgrades also encompass new flooring behind the bar, a back bar cooler, a complete draft system with glycol cooling, a new walk-in cooler, updated plumbing supply lines, LED canned lighting, and a new motor in the exhaust system. The kitchen floor has also been recently re-stained and sealed. This is a rare opportunity to acquire a profitable, established business with significant recent investments, ready for immediate operation and continued success. The asking price for this turnkey operation is $225,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gladstone
- County
- Delta
- State
- Michigan
- Longitude
- -87.0321
- Latitude
- 45.851
- CBSA code
- 21540
- CBSA name
- ESCANABA, MI MICROPOLITAN STATISTICAL AREA
