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Golden Wok 1002 S Main St 3,263 SF Retail Building Adrian, MI 49221 $890,000 ($272.76/SF)
Investment Highlights
- High traffic area
- Near busy retail, hotels and local college
Executive Summary
Great opportunity to continue a tradition or start one of your own!
Wonderful local restaurant with long history of success and a strong following of loyal customers. Restaurant is located within the most travelled and busiest sectors of the area. It is within two miles of popular grocery and retail stores, motels and even a local college. It provides a convenient option for lunch or dinner when shopping or visiting the Adrian area. The restaurant seats approximately 90 customers and the parking lot has spaces for over 40 vehicles.
The building, the equipment and the parking area have all been well maintained over the years.
List price includes real estate, fixtures, furniture, equipment, goodwill and name.
NOTE: Office computer is excluded from sale.
Buyer Agent and Listing Agenet to be present for all showings
Due to the nature of the business, showings will generally be scheduled prior to the opening of the restaurant.
Information is believed to be accurate but not guaranteed or warranted by The Wagley Group Realtors and staff. Buyer's agent to verify information and be present at all showings.
Wonderful local restaurant with long history of success and a strong following of loyal customers. Restaurant is located within the most travelled and busiest sectors of the area. It is within two miles of popular grocery and retail stores, motels and even a local college. It provides a convenient option for lunch or dinner when shopping or visiting the Adrian area. The restaurant seats approximately 90 customers and the parking lot has spaces for over 40 vehicles.
The building, the equipment and the parking area have all been well maintained over the years.
List price includes real estate, fixtures, furniture, equipment, goodwill and name.
NOTE: Office computer is excluded from sale.
Buyer Agent and Listing Agenet to be present for all showings
Due to the nature of the business, showings will generally be scheduled prior to the opening of the restaurant.
Information is believed to be accurate but not guaranteed or warranted by The Wagley Group Realtors and staff. Buyer's agent to verify information and be present at all showings.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,263 SF
Building Class
C
Year Built
1975
Price
$890,000
Price Per SF
$272.76
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
B-2 - Business use
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | XA0-100-0343-02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $235,600 |
Property Taxes
Parcel Number
XA0-100-0343-02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$235,600
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