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515 Frankfort Ave
Elberta, MI 49628
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,278 SF
Building Class
C
Year Built
1933
Building Height
1 Story
Building FAR
0.49
Lot Size
0.15 AC
Frontage
169’ on Frankfort Ave

AMENITIES

  • Restaurant

ABOUT 515 FRANKFORT AVE , ELBERTA, MI 49628

This is the up north turn-key business opportunity for which you’ve been waiting! Located in the heart of the Village of Elberta, just off the scenic M-22 drive, right across the street from a neighborhood park with views of Betsie Bay, the Betsie Valley Trail and just across the bay from the City of Frankfort. This revitalized building boasts many impressive improvements including a new roof, remodeled kitchen, new handicap accessible bathrooms, new HVAC system and private office with video surveillance. The new showcase outdoor patio and bar was recently added and provides open-air seating for 50 where customers and private functions can relax with the views of the peaceful bay and the rolling hillsides that surround it, or even listen to live music in this generous space. The indoor dining room seats 85 and offers flexible table seating and cozy booth arrangements, as well as an indoor bar with tall table seating and a pool table. The kitchen equipment, building and fixtures have all been well cared for and maintained. This incredible business endeavor comes complete with a Class C liquor license as well as a SDM license to sell carry-out beer and wine, furnishings, fixtures, equipment and a Micros computer system making this a perfect opportunity to start your own business in this friendly, lakeside community close to everything that makes Northern Michigan such a special place to visit and call home.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-501-059-00
  • 06-501-060-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$202,900
  • Listing ID: 16231898

  • Date on Market: 6/4/2019

  • Last Updated:

  • Address: 515 Frankfort Ave, Elberta, MI 49628

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