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$995,000 for Sale

596 s cedar, imlay city, MI 48444

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Property Description
Imlay City is a city of approximately 3600 very diverse demographics and many, many of them have patronized this fun and exciting place for dining and enjoying their beverage of choice! The fully stocked bar (full liquor license & Keno) is welcoming and casual. With a pleasant and vibrant atmosphere year-round, the indoor and outdoor areas are filled with up to 100 loyal and new customers in the restaurant and bar areas each week, plus another 65 in the outdoor patio area! The banquet hall accommodates up to 120 people for the ideal small to medium venue - birthday parties, small weddings, gift showers, or meetings. Situated on three acres on very-well traversed M53 near I69, there is ample parking in the asphalt lot, for patrons of the large 7351-sq-ft building. The full-service kitchen with many recent updates is currently open 6 days a week and provides a high annual gross revenue.
General Information
Sale Price: $995,000
Price/SqFt: $135
Status: Active
MLS#: 50143816
City: imlay city
Post Office: imlay city
County: Lapeer
Acres: 2.64
Lot Dim: 200 x 305
Size: 7,351 sq.ft.
Acreage: 2.64 est.
Year Built: 1952
Property Type: Business
Tax, Fees & Legal
Est. Summer Taxes:  $10,954
Est. Winter Taxes:  $1,749


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Lawrence Palleschi, Jr. of Premier Properties Inc

This listing last updated: Thu, June 06, 2024 at 10:20:20 AM EDT

MIRealSource Listing Data Last Updated On Thursday, July 11 2024 at 8:45am
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Listings presented by:
Lawrence Palleschi, Jr.
Premier Properties Inc
Call: (810) 404-1584

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