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The Peppermill 685 N Port Crescent St 4,336 SF Retail Building Bad Axe, MI 48413 $1,066,106 CAD ($245.87 CAD/SF)
INVESTMENT HIGHLIGHTS
- Home to The Peppermill, a well-known restaurant with over 30 years of history in Michigan's Thumb region
- Includes business and real estate, with an active Class C liquor license and numerous recent capital improvements
- Situated on Bad Axe's main retail corridor (M-53), offering excellent frontage and visibility
EXECUTIVE SUMMARY
Well known restaurant for sale with ample frontage on Bad Axe’s main retail corridor (M 53). Staple in Michigan’s thumb region for 30+ years. Business and Real Estate included, with an active Class C Liquor License and Beer & Wine (off premises) retail license. Well maintained site with numerous capital improvements recently completed. Business is properly managed and organized using the latest in POS software, ensuring smooth and efficient operations and an easy transition for new ownership.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,336 SF
Building Class
C
Year Built
1980
Price
$1,066,106 CAD
Price Per SF
$245.87 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business
Parking
72 Spaces (16.61 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-624-003-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $247,365 CAD |
PROPERTY TAXES
Parcel Number
51-624-003-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$247,365 CAD
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The Peppermill | 685 N Port Crescent St
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