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5026 SW US-131
South Boardman, MI 49680
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,180 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Lot Size
14.00 AC
Zoning
Commercial
Frontage
679’ on SW US-131

Amenities

  • Corner Lot

About 5026 SW US-131 , SOUTH BOARDMAN, MI 49680

Long established local landmark and community favorite restaurant located in a rural, setting on a major highway that leads into a major northern Michigan city. This restaurant seats 65 people, serving breakfast, lunch, and dinner, along with pizza and takeout. The nearest competition is nearly 10 miles away. The business has a solid local clientele and repeat seasonal tourism year round. It has received excellent ratings on Facebook and Trip Advisor. The restaurant sits on a total of 14 acres which are zoned commercial/agricultural/ residential, and it is situated on a busy corner of the highway with easy on/off access. This is an ideal business for a young couple or a family to own and operate, and it has shown an increase in business every year for the current owners. In 2018 sales grossed $800,000. The current owner is willing to work with a buyer to ensure a seamless transition in ownership and assist you through the processes of bookkeeping and operating for a successful business year. The property has potential for expansion such as truck stop and/or rental cabins. The sale would include all property and equipment. With many up grades to the building and equipment including new roof, new windows, new septic and grease trap system, and mostly new equipment in the last two years. Owners will consider splitting the real estate and reducing the price.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 003-021-034-00
  • 003-021-037-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,800
  • Listing ID: 17448276

  • Date on Market: 10/14/2019

  • Last Updated:

  • Address: 5026 SW US-131, South Boardman, MI 49680

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