Address
17337 Caberfae Highway, Wellston, MI
Price
$ 100,000
Property Attributes
  • MLS#24015063
  • TypeCommercial
  • CountyMANISTEE
  • CityWellston
  • AreaNorman Twp
  • NeighborhoodNorman Twp
  • Zip49689
  • StyleBusiness
  • Year Built1950
  • Taxes$ 3805
  • Price$ 100,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size1.5 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

This business has been a thriving Restaurant location in the Heart of the Manistee National Forest for 60+ plus years. Situated on 284' of busy M-55 frontage between Manistee and Cadillac on 1.48 acres +/- offering plenty of room for expansion. The restaurant is currently closed ( 8/2021) due to the last occupant retiring after 8 phenomenal years in business. Sale includes all inventory, cooking equipment ( Pizza ovens, 2 griddles, 6 burner cooktop and oven, deep fryers, warmers, coffee pot, etc. ) tables , chairs and booths. A bonus is the 1 bedroom attached rental. Use it for yourself or its current use, additional income. A Great Opportunity in high demand for this area at an affordable price!

Price History
3/30/2024 Listed $100,000

General Features

Sewer Septic System
Cooling Wall Unit(s)
Utilities Phone Available,Electric Available,Cable Available,Broadband Available,Phone Connected
Roof Composition
Construction Materials Vinyl Siding
Year Built 1950
Township Norman Twp
Property SubType Business
Tax Year 2021
Business Type Other,Restaurant
County Manistee
New Construction No
Property Type Commercial Sale
Attached Garage No
Building Features Expandable
Status Active
Directions M55 IN WELLSTON BETWEEN SEAMAN AND BAKER RD ON THE SOUTH SIDE
City Wellston
High School District Kaleva-Norman-Dickso
Total Units 2
MLS Area MasonOceanaManistee - O
Lot Size Square Feet 65340.0
Waterfront Y/N No
Street Name Caberfae
Land Lease Y/N No
Tax Annual Amount 3805.0
Lease Renewal Y/N No
MLS Area Minor MasonOceanaManistee - O
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 44
Standard Status Active
Tax Assessed Value 76300
MobileHomeRemainsYN No
Legal Description PT OF SE 1/4 SW 1/4 COM 300 FT E OF SW COR,E 290FT,N TO M55,W ALG HWY 290 FT,S TO POB. 1.48 A*M/L SEC 12 T21N R14W
Senior Community None

Interior Features

Total Fireplaces 2
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 3
Street Suffix Highway
Electric On Property Y/N No
Total Baths 3

Exterior Features

Parking Features Driveway,Gravel
Water Source Well,Public
Inclusions {u'Equipment': True,u'Inventory': True,u'Furniture': True}
Lot Size Area 1.5
Foundation Details Slab
Number of Buildings 2
Spa No
Building Area Total 2530.0
Lot Dimensions 248x217
Lot Size Acres 1.5
Road Surface Type Paved
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 49689

Price
AVG $470K
$100K
Taxes
AVG $3,986
$3,805
Visits
AVG 281
35
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1950

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