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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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9567 Chippewa Hwy , Bear Lake, MI 49614
$489,000
Est. Payment: $1,086.67/mo
0 Bed
2 Bath
3800 Sqft
Status: Active | Days on site: 232
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House Description

Let your imagination run with all the possibilities with this property. So many ideas to add to this long time establishment. Business has been running since the 1950s and still going strong. Owners are officially retiring. Serious buyers only. Bar/Restaurant Business With A Home On A Major Highway (Us-31 with high visibility and traffic count) Close to Bear Lake, Onekama, Manistee and the Casino. Sale includes Class C liquor license, Dance, Sunday Sales (and early sun), and Outdoor. Good Pizza Business, Turn-key Operation, With A Seating Capacity Of 130 and large patio with fire pit and seating. All Fixtures, Equipment, 2 Pool Tables, 2 Kitchens, And 2 Storage Rooms. Property includes A 1991 3 Bedroom, 2 Bath large Manufactured Home On The Property, home had a metal roof installed a couple years ago, deck and completely remodeled. Over last 18 years the property has had updated electrical service with two 200 amp panels, newer roof, walk-in cooler and freezer, furnace and much more

Highlights

Listed by Brenda Cronan , 231-794-1777 Coldwell Banker ALM REALTY , 231-723-3555.

Property Type

Commercial Sale

Lot/Acreage
2.37

Year Built

1952

County

Manistee

Area

MasonOceanaManistee - O

School District

Bear Lake

Listing ID

26002674

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air
Fireplaces:
Water:Well

Exterior Features

Roof:Metal
Sewer:Septic Tank
Principal Interest
$1,087
Taxes
$248

Home Price

$489,000

Loan Details

30 yrs
%

Down Payment

20%
$97,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,086.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,086.67 $247.92 $0.00 $1,334.58
Yearly $13,040.00 $2,975.00 $0.00 $16,015.00
Total $391,200.00 $89,250.00 $0.00 $480,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bear Lake, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.