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Jim Blehm

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

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20400 E Austin Rd , Manchester, MI 48158
$699,000
Est. Payment: $1,553.33/mo
0 Bed
2 Bath
3155 Sqft
Status: Active | Days on site: 70
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House Description

Well-established and impeccably maintained restaurant situated on the southeast edge of Manchester city limits at the busy intersection of M-52 and Austin Road. This 3,155 SF building was rebuilt and expanded in 2003 and sits on 1.65 acres bordering the River Raisin. A rare opportunity to acquire a turn-key restaurant with an excellent reputation and loyal customer base. Confidentiality Notice: Showings are by appointment only. Buyers must sign a confidentiality agreement. Do not approach staff. Contact broker for details. Property Highlights: • Building Size: 3,155 SF • Lot Size: 1.65 Acres with River Raisin frontage • All Equipment & Licenses Included Features & Amenities: • Well-maintained paved parking lot • Full back-up generator for uninterrupted operations • Walk-in cooler and freezer in kitchen • City sewer with well water supply • Natural gas utility service • MEC fiber optic internet connection Offering: The current owner, after years of successfully operating this well-run and spotless restaurant, is ready to retire. This sale presents an excellent opportunity for a new owner/operator or investor to step into a thriving business with a proven track record.

Highlights

Listed by Charles Koenn , 734-926-0230 Swisher Commercial , 734-663-0501.

Property Type

Commercial Sale

Lot/Acreage
1.65

Year Built

1950

County

Washtenaw

School District

Manchester

Listing ID

26034831

Questions about this listing?

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Interior Features

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

Exterior Features

Lot:River
Principal Interest
$1,553
Taxes
$555

Home Price

$699,000

Loan Details

30 yrs
%

Down Payment

20%
$139,800
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Monthly Price:
$1,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,553.33 $555.43 $0.00 $2,108.76
Yearly $18,640.00 $6,665.16 $0.00 $25,305.16
Total $559,200.00 $199,954.80 $0.00 $759,154.80

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 (Manchester, 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.