59640 County Line Road

Business Opportunity for Sale
Catylist Listing ID: 30046519
Property Subtypes: Food and Beverage
Building Size (RSF): 6,950 SF
Sale Price: $465,000
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Sale Terms: Cash/Conv. Possible land contract. See agent.
Last Updated: 2/25/2018

Overview / Comments

Amazing opportunity to own this well-established waterfront restaurant and bar with over 700 feet of lakeside frontage on both Corey Lake and Harwood Lake. Well maintained building with numerous upgrades including new septic system and heat source. This sale includes a Class C License which allows beer, wine and liquor sales inside plus take-away beer and wine sales great for customers coming in from the lakes. This sale also includes 12 seasonal fully rented boat slips for additional income and six currently used for customer parking with a bonus parcel behind the restaurant perfect for onsite residence. Take advantage of this remarkable business opportunity and set up a showing today!

Additional Details

Nearest MSA: Sturgis
County: Saint Joseph
Industry Segment: Restaurants
Reason for Selling: Owner retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $275,000

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,300 6,848
Median Age: 50.59 46.28
Households: 555 2,806
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