Peppermill Restaurant

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30471980
Property Subtypes: Restaurant
Building Size (RSF): 4,320 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $995,000
Unit Price: $230.32 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Peppermill Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2020

Overview / Comments

Reduced!Thriving, profitable family-owned restaurant with liquor license. Main dining room with refurbished booths/seating every 2 years seats 108, private banquet room with fireplace added in 2006 seats 40. New computer system, A/V in banquet room and main dining room equipped for live entertainment. Liquor license includes carry-out, some updated kitchen appliances. TRULY A WINNER! Ample parking and great visibility along Van Dyke/M53.
Contact Century 21 Commercial Team today for additional information or to set up a private showing 989-921-7002

Attachments & Media

Additional Details

Nearest MSA: Saginaw
County: Huron
Submarket Type: Other
Tax ID/APN: 51-900-083-00
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Van Dyke Rd
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1973
Construction/Siding: Brick
Total Parking Spaces: 50
Parking Type: Surface
Lot Frontage: 198
Lot Depth: 200

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,921 3,891 6,272
Median Age: 43.1 43.22 43.96
Households: 1,290 1,707 2,579
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