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685 N Port Crescent St
Bad Axe, MI 48413

The Peppermill · Retail Property For Sale

Restaurants Michigan Bad Axe 685 N Port Crescent St, Bad Axe, MI 48413

Executive Summary

Well known restaurant for sale with ample frontage on Bad Axe’s main retail corridor (M 53). Staple in Michigan’s thumb region for 30+ years. Business and Real Estate included, with an active Class C Liquor License and Beer & Wine (off premises) retail license. Well maintained site with numerous capital improvements recently completed. Business is properly managed and organized using the latest in POS software, ensuring smooth and efficient operations and an easy transition for new ownership.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,336 SF
Building Class
C
Year Built
1980
Price
$1,102,151 CAD
Price Per SF
$254 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.02 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-2 - General Business

Amenities

  • Restaurant
  • Air Conditioning

PROPERTY TAXES

Parcel Number 51-624-003-00 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $252,001 CAD

PROPERTY TAXES

Parcel Number
51-624-003-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$252,001 CAD
 

  • Listing ID: 27906541

  • Date on Market: 2023-03-07

  • Last Updated:

  • Address: 685 N Port Crescent St, Bad Axe, MI 48413

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