$179,900

Main Street

OAKLEY MI, 48649

Description

Excellent opportunity to own a bar & rental property! Located in the heart of Oakley on M-52, property is an established bar with two fully rented income properties. Seating occupancy: 55 with extended fenced-in outdoor seating. Sale includes transfer of liquor & lottery licenses, all fixtures, tables & chairs, & all inventory to be purchased separately but included in the price. 672 sq ft trailer on site provides $350/mo income & has long-time tenant, utilities separate. Upstairs 714 sq ft apartment features one bedroom, bathroom, living room & kitchen $375/mo utilities connected to bar. Bar features prep kitchen, fridge, pizza oven, walk-in beer cooler, restrooms, tv's, cable tv, & pool table. Ample parking, an outdoor storage facility, & large lot. Security camera system/alarms remain with the building equipment owned & monthly monitoring service paid for. Buyer to obtain own liquor & lotto license transfer representation thru an attorney. Financials per request. Motivated Seller

Details

MLS#5031396032
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site16

Features

SQ Feet1,950
Story(s)1
ZoningCommercial,Residential

Market Activity 48649

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Area Information

StateMI
CountySaginaw
CityOAKLEY
Zip Code48649
AreaOakley Vlg
Listing VS Median (in 48649)
Price:
$179,900
low | high
Med:
$151,000
66.064480266815% of Average
SqFt:
1,950
low | high
Med:
0
100% of Average
$ / SqFt:
$92
low | high
Med:
$0
100% of Average
On Site:
16
low | high
Med:
236
6.779661016949% of Average
Listing Updated: 10/15/2019
MLS Number: 5031396032
Listing Provided By:
Samantha Rojas  of  REMAX Tri County
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