316 Bullock St Whittemore, MI 48770

Property Details for 316 Bullock St

Lot size

0.30 lot acres

Property type

Commercial real estate

APN

141O2000100400

APU

141O2000100400

Description

This exceptional 4,200 square foot mixed-use property located at 316 S Bullock in Whittemore, Michigan, presents a unique investment opportunity. The Whittemore Inn, a well-established local landmark, currently houses seven year-round studio apartments, generating immediate rental income. In addition, the property includes a fully equipped bar and restaurant, ready for immediate operation. The building itself is structurally sound, featuring a recently updated roof and an oversized septic system designed to handle high occupancy. A dry basement provides ample storage space. This versatile property sits on a 0.3-acre lot, enjoying a highly visible location on a major business thoroughfare directly across from the Whittemore Race Track, ensuring high traffic and visibility. A significant advantage is the inclusion of a Class C Liquor License, currently in escrow, which includes Sunday sales rights. This license opens doors to a variety of business ventures, making this property ideal for an owner-operator seeking a blend of residential and commercial income streams. The combination of existing rental income, the potential for a thriving bar/restaurant, and the prime location makes this a compelling investment opportunity with significant upside potential.