117 S Cedar & 538 W Sycamore St

Retail-Commercial for Sale
Catylist Listing ID: 30321683
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,811 SF
Gross Land Area: 0.75 Acres
Sale Price: $899,000
Unit Price: $186.86 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Usable Size (USF): 4,811 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

* 1,849 sq. ft. Bar/Restaurant, 2,962 sq. ft. Commercial Retail Center and 752 sq. ft. residential home included.

* Successful, well known & established restaurant and bar located on Cedar St. in Mason, MI

* Purchase price includes all real estate, licenses, inventory, trade fixtures, & equipment.

* Liquor & Keno license included.

* Many recent upgrades & building improvements.

* Solid real estate income on properties included in sale

* Inventory & finances available upon request with confidentiality agreement
Ample parking.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-19-10-08-201-018
Total Number of Buildings: 3
Year Built: 1940
Total Parking Spaces: 88
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,432 9,825 30,153
Median Age: 38.45 39.41 39.53
Households: 2,517 3,884 12,084
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