596 S Cedar Alley, Imlay City, MI 48444 - MLS#58050143816

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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 995,000

Est. payment -/mo

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596 S Cedar Alley Imlay City, MI 48444

7,351 SqFt

UPDATED:

11/14/2024 10:38 AM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 7,351 sqft

Price per Sqft $135

MLS Listing ID 58050143816

Originating Board MiRealSource

Year Built 1952

Annual Tax Amount $12,703

Lot Size 2.640 Acres

Acres 2.64

Lot Dimensions 200 x 305

Property Description

Imlay City is a city of approximately 3600 very diverse demographics and many, many of them have patronized this fun and exciting place for dining and enjoying their beverage of choice! The fully stocked bar (full liquor license & Keno) is welcoming and casual. With a pleasant and vibrant atmosphere year-round, the indoor and outdoor areas are filled with up to 100 loyal and new customers in the restaurant and bar areas each week, plus another 65 in the outdoor patio area! The banquet hall accommodates up to 120 people for the ideal small to medium venue - birthday parties, small weddings, gift showers, or meetings. Situated on three acres on very-well traversed M53 near I69, there is ample parking in the asphalt lot, for patrons of the large 7351-sq-ft building. The full-service kitchen with many recent updates is currently open 6 days a week and provides a high annual gross revenue.

Location

State MI

County Lapeer

Area Imlay City

Zoning Commercial

Interior

Heating Baseboard, Central Air

Heat Source Natural Gas

Exterior

Utilities Available Employee Lunch/Lounge

Road Frontage Class A

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Imlay City

Others

Tax ID I198440100000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Full Service

Listed by Lawrence D Palleschi, Jr. of Premier Properties Inc

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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