201 N Grand St

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29598092
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 4,355 SF
Gross Building Area: See Agent
Gross Land Area: 0.34 Acres
Sale Price: $425,000
Unit Price: $97.59 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Schnauzers Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/31/2017

Overview / Comments

This is the former Schnauzers Restaurant. Everything is there, just turn on the lights and make your changes and you are in business. Kitchen is complete with 16’ hood. All equipment is in place. Dining areas have everything; tables, chairs, support stations. The apartment upstairs is not included in the square footage and has no value. Liquor license is included as well as a new septic system and drain field.

Financials

Finance Data Year 2014
Real Estate Taxes - Annual($) $3,733 (Annual)
Assessed Value - Total($) $169,500 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 391418382100/120/110/090
Zoning: CBD
Retail Clientele: General
Property Located Between: Cass St & Eliza St
Side of Street: West
Road Type: Paved
Largest Nearby Street: US 131
Feet of Frontage: 50
Traffic/Vehicle Count: 23,832
Highway Access: US 131
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1890
Year Renovated: 2001
Roof Type: Other
Construction/Siding: Block, Brick/Vinyl Siding, Wood Frame
Parking Type: Surface
Parking Description: On-site, Street
Heat Type: Other
Heat Source: Baseboard
Air Conditioning: Other
Lot Frontage: 50
Lot Depth: 193
Legal Description: On file in listing office


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,434 3,675 24,219
Median Age: 38.28 41.06 40.71
Households: 586 1,454 9,205
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