Address
223 N Mill Street, St. Louis, MI
Price
$ 600,000
Property Attributes
- MLS#23141205
- TypeCommercial
- CountyGRATIOT
- CitySt. Louis
- AreaSt Louis
- NeighborhoodSt Louis
- Zip48880
- StyleBusiness
- Year Built1920
- Taxes$ 6000
- Price$ 600,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Lot Size10,454 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
The business has consistently maintained strong profit margins, and financial performance. Main dining area seats up to 70 and additional 30+ in the private banquet room. Added benefit to new owner is the un-finished 5600 sq ft second floor that could be finished into multiple rentals. The restaurant and pub have low employee turnover and has shown a year-over-year increase in sales since the current owner purchased it. The owner has invested in essential improvements and the owner has taken steps to ensure a clean and safe working environment for all employees,
| Price History | |
|---|---|
| 11/7/2023 | Listed $600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Phone Connected,Natural Gas Connected, |
| Possession | See Remarks |
| Roof | Rubber,Concrete |
| Construction Materials | Block |
| Year Built | 1920 |
| Township | St Louis |
| Property SubType | Business |
| Tax Year | 2022 |
| Business Type | Restaurant,Bar/Tavern/Lounge |
| County | Gratiot |
| New Construction | No |
| Property Type | Commercial Sale |
| Building Features | Barrier Free,Fiber Optic Hwy |
| Status | Active |
| Directions | M46 to N Mill Street then two blocks to building(s) on left (west side of road). |
| City | St. Louis |
| High School District | St. Louis |
| Total Units | 1 |
| MLS Area | Central Michigan - C |
| Lot Size Square Feet | 10454.0 |
| Waterfront Y/N | No |
| Street Name | Mill |
| Land Lease Y/N | No |
| Tax Annual Amount | 6000.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Central Michigan - C |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Availability Date | 2023-11-06 |
| Days on Market | 196 |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Assessed Value | 98925 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | Verify via county records for 221,223 & 225 N Mill Street Buildings |
| Senior Community | None |
Interior Features
| Total Fireplaces | 3 |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 4 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 0.0 |
| Inclusions | {u'Licenses': True,u'Equipment': True,u'Real Estate': True,u'Furniture': True} |
| Lot Size Area | 0.24 |
| Foundation Details | Block |
| Number of Buildings | 3 |
| Spa | No |
| Building Area Total | 10400.0 |
| Lot Dimensions | 63X165 |
| Lot Size Acres | 0.24 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 48880
Year Built
Walkscore
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 21, 2024 7:40 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
