Skip To Content

851 S Garfield

Traverse City, MI 49686
  • $1,175,000
  • STATUS: Active
  • ON SITE: 248 Days
  • MLS #: 1909625
UPDATED: 23 min ago
$1,175,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,133
    SQFT
  • $229
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1978
County:

School Ratings & Info

Description

Have you always dreamed about opening your own restaurant or are you a current restaurant owner who is looking to expand your current location or add an additional location? This property is located in a bustling strip mall complex and sees high traffic within the complex as well on average 21,000 cars passing by every day. It boasts over 5,100 square feet of space, making it perfect for large events or busy crowds. Inside, you'll find a fully equipped kitchen ready for you to cook up a storm using all the kitchen equipment that comes with the sale of the building. Plus, all the booths, tables, and chairs are included as well. But the real highlight? The class C liquor license that allows you to serve all your favorite drinks alongside your delicious meals. With a capacity of 190 people, divided into four main areas: the bar area, main restaurant area, brand-new patio, and a spacious back-room area for special events. This separate back-room space can accommodate large gatherings such as banquets, birthday parties and corporate events, making it a great addition to the already spacious front seating area. Outside, the brand-new patio seating area is the perfect spot for your customers to soak up some sun and enjoying the fresh summer air while they savor your delicious cooking and sip on a refreshing cold drink. The business elements (liquor license, kitchen equipment and furniture) are valued at $275,000. The real estate is valued at $900,000. This business is also listed for lease MLS #1909794.

Monthly Payment Calculator



[MiRealSource] logo ©2023 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2023-12-11T16:55:52.14.
www.kelder.com/homes/138332492
Print Image

851 S Garfield Traverse City, MI 49686

  • Price: $1,175,000
  • Status: Active
  • On Site: 248 Days
  • Updated: 23 min ago
  • MLS #: 1909625
0
Beds
0
Baths
0
½ Baths
0.44
Acres
5,133
SQFT
$229
$/SQFT
1978
Built
Neighborhood:
Bach Shops Condominiums
County:
Grand Traverse
Area:
Traverse City (28021)
Property Description
Have you always dreamed about opening your own restaurant or are you a current restaurant owner who is looking to expand your current location or add an additional location? This property is located in a bustling strip mall complex and sees high traffic within the complex as well on average 21,000 cars passing by every day. It boasts over 5,100 square feet of space, making it perfect for large events or busy crowds. Inside, you'll find a fully equipped kitchen ready for you to cook up a storm using all the kitchen equipment that comes with the sale of the building. Plus, all the booths, tables, and chairs are included as well. But the real highlight? The class C liquor license that allows you to serve all your favorite drinks alongside your delicious meals. With a capacity of 190 people, divided into four main areas: the bar area, main restaurant area, brand-new patio, and a spacious back-room area for special events. This separate back-room space can accommodate large gatherings such as banquets, birthday parties and corporate events, making it a great addition to the already spacious front seating area. Outside, the brand-new patio seating area is the perfect spot for your customers to soak up some sun and enjoying the fresh summer air while they savor your delicious cooking and sip on a refreshing cold drink. The business elements (liquor license, kitchen equipment and furniture) are valued at $275,000. The real estate is valued at $900,000. This business is also listed for lease MLS #1909794.
Exterior Features

Exterior Construction Frame Foundation Type Slab Location Corner LotShopping Center Lot Size 385 x 297 Parking 21+ SpacesParking Lot

Interior Features

Basement YN No Commercial Features ADA AccessibleBathFixturesOther Cooling System Central A/C Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Name Your Business Here Business Type Bar/TavernRestaurant Commercial Type Business Financial Terms CashCommercial Loan Lease YN No Municipality Traverse City Ownership Private Present Licenses Beer/Wine LicenseLiquor LicenseOther-See Remarks Sale Includes Inventory SEV 257400 Sev Year 2022 Sewer Septic Public Sanitary Water Public Water Zoning Commercial

Listing courtesy of Traverse Real Estate : 231-590-5091.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2023 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2023-12-11T16:55:52.14.
 
https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_80005107-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_80005107-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_80005107-2.jpg
Logo
The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423