Address
19327 Caberfae Highway, Wellston, MI
Price
$ 975,000
Property Attributes
  • MLS#23031277
  • TypeCommercial
  • CountyMANISTEE
  • CityWellston
  • AreaNorman Twp
  • NeighborhoodNorman Twp
  • Zip49689
  • StyleRetail/Commercial
  • Year Built2019
  • Taxes$ 5600
  • Price$ 975,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size2.5 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

NEW PRICE....Investors welcome, add this restaurant to your portfolio. This property is situated near multiple trailheads and on M55 connecting Manistee and Cadillac, is the Red Neck Yacht Club. Built in 2019, this turn-key restaurant/bar will surely impress. No expenses were spared with the construction of this building. Property features LED lighting inside and out, integrated grease separator into the oversized septic system, a 32 KW back-up generator, 5'' type 2 commercial well, state of the art kitchen equipment includes, Peerless Pizza oven, 2 chicken broasters, Manitowoc 600 Ice maker and more, a 12 camera security system, too many things to mention, 550 Resort liquor license and inventory to be sold separately. Call for a private showing, serious inquiries only please.

Price History
8/24/2023 Listed $1,250,000
3/14/2024 22% - $975,000

General Features

Sewer Septic System
Cooling Central Air
Utilities Phone Available,Electric Available,Cable Available,Phone Connected,Propane Connected,Electric Connected,Cable Connected
Possession Close Of Escrow
Roof Composition,Concrete
Construction Materials Wood Siding,Vinyl Siding
Year Built 2019
Township Norman Twp
Property SubType Retail/Commercial
Tax Year 2023
Business Type Restaurant,Bar/Tavern/Lounge
County Manistee
New Construction No
Property Type Commercial Sale
Attached Garage No
Building Features Bath Common Area,Outdoor Storage,Security System
Status Active
Directions From Cadillac take M55 West past M37 just west of Low bridge at the top of the hill on left. From Manistee take M55 East through Wellston and about 1 mile East of Snyder road on right.
City Wellston
High School District Kaleva-Norman-Dickso
Total Units 1
MLS Area MasonOceanaManistee - O
Lot Size Square Feet 108900.0
Waterfront Y/N No
Street Name Caberfae Highway
Land Lease Y/N No
Tax Annual Amount 5600.0
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
Availability Date 2023-10-30
Days on Market 272
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 111700
MobileHomeRemainsYN No
Legal Description Lengthy Legal - see listing
Senior Community None

Interior Features

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

Exterior Features

Parking Features Concrete,Driveway,Gravel
Water Source Well,Public
Inclusions {u'Licenses': True,u'Equipment': True,u'Real Estate': True,u'Inventory': True,u'Furniture': True}
Lot Size Area 2.5
Foundation Details Slab,Concrete Perimeter
Number of Buildings 1
Spa No
Building Area Total 2968.0
Lot Dimensions 300 x 365
Lot Size Acres 2.5
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 $650K
$980K
Taxes
AVG $3,986
$5,600
Visits
AVG 233
861
Data Provided by Inside Real Estate®
Year Built
AVG 1973
2019

Your Agent

Kellen Keck

()

Listed By
Kurt Dawdy at City2Shore Port City Associates - (231) 299-1530

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