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324 W Main St 2,597 SF Retail Building Gaylord, MI 49735 $681,464 CAD ($262.40 CAD/SF)
Investment Highlights
- Heavy Foot Traffic
- Cafe Outdoor Seating
- Electric/Plumbing/Heating/Walls/Floors All Updated 2022
Executive Summary
Currently Leased an Operating as a Breakfast/Lunch Restaurant. All Equipment, Tables, Chairs, POS System, etc Included in Sale. Current Leese is Interested in continuing to lease at $6500/mo for potential Investor looking to purchase. Current month to month lease. 30 days notice to vacate if new Owner Operator purchases.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,597 SF
Building Class
B
Year Built/Renovated
1970/2022
Price
$681,464 CAD
Price Per SF
$262.40 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B-1 - Central Business District
Parking
10 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
22’ on Main St
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 100-000-002-009-02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $161,660 CAD |
Property Taxes
Parcel Number
100-000-002-009-02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$161,660 CAD
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Presented by
Kat Steinbrecher
324 W Main St
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