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Executive Summary

Building to the north of restaurant is not included and will be a separate tax parcel number. Showings preferred before 11 AM when restaurant opens. Seller requests $20,000 EMD. 3 years tax returns and P & L are available for review by Buyers CPA or Attorney with confidentiality agreement. To schedule a showing appointment by phone, call Showing Time at (855)746-9813. Please send all offers to LUCY@LUCYHAM.COM, then follow-up with a phone call to 810-659-6569 x280.Thank you!
Beautifully maintained and immaculate turnkey restaurant and bar since 2011. Spacious parking, sand volleyball courts and all at the corner of M52 and M57 high traffic area. Nearly $175,000 in equipment alone plus inventory, business, real estate, liquor license, ATM machine, Keno monitors, 7 TV's with surround sound, Digital pole sign plus healthy gross sales. Major recent improvements include steel siding, metal roof, 2 furnaces, 2 central air, kitchen addition, septic system, well, bathrooms, windows, prep kitchen, Generac generator, enclosed heated patio, and over 160 seating capacity and 453 standing capacity. Wood floors. Across from Taco Bell, McDonalds, Parkers Propane and BP Station. Next to Park N Ride. Great long-term management and staff in place to run the business with new owner. Current owner transition training available. Owners are retiring. Great cash flow and profits. Price adjusted from $695,000 to $599,900.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,520 SF
Building Class
C
Year Built/Renovated
1945/1993
Price
$820,567 CAD
Price Per SF
$181.54 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.21 AC
Zoning
Commercial - Commercial Zoned District
Parking
30 Spaces (6.64 Spaces per 1,000 SF Leased)
Frontage
231’ on Oakley Road

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Not walkable
10/100
Exceptionally drivable
100/100
  • Listing ID: 32891323

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 15952 Oakley Rd, Chesaning, MI 48616

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