6660 Lewis Avenue

    Bedford Twp, MI 48182
    • $250,000
    • STATUS: Active
    • ON SITE: 167 days
    • ID#: 218059089
    UPDATED: 22 min ago
    $250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:
    Area:
    Zoning: Commercial
    Lot Size Dimensions: 600X400x600x400

    School Ratings & Info

    School District:

    Description

    Well established diner located on a high traffic road in Temperance, MI. This business is the anchor in a newer built retail strip, and has upgraded construction throughout. Counter and table tops are granite, chairs and booth are premium brand, and all of the equipment is owned, well maintained and in great condition. The interior features a 32 person banquet room, as well as a catering van that can be included in the sale. There is a premium POS system that allows adaptive online ordering, and is included in the sale. Positive cash flow and NOI are very good. The lease is below market value per square foot, and is a gross modified (no NNN), so any potential lessees will be taking over a very competitive lease rate for the area. Lease is until 2025 with options. Lewis Ave. sees 20,000 cars daily according to MDOT. Seller will provide 2 months hands on training and Support for up to 6 months. This is a turn key business, ready for you to run from the day you take possession.

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    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-12T09:56:51.02.
    www.knerealty360.com/homes/85076439

    6660 Lewis Avenue Bedford Twp, MI 48182

    • Price: $250,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 218059089
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,800
    SQFT
    $89
    $/SQFT
    2008
    Built
    Neighborhood:
    Bedford Twp
    County:
    Monroe
    Area:
    Bedford Twp
    School District:
    BEDFORD
    Property Description
    Well established diner located on a high traffic road in Temperance, MI. This business is the anchor in a newer built retail strip, and has upgraded construction throughout. Counter and table tops are granite, chairs and booth are premium brand, and all of the equipment is owned, well maintained and in great condition. The interior features a 32 person banquet room, as well as a catering van that can be included in the sale. There is a premium POS system that allows adaptive online ordering, and is included in the sale. Positive cash flow and NOI are very good. The lease is below market value per square foot, and is a gross modified (no NNN), so any potential lessees will be taking over a very competitive lease rate for the area. Lease is until 2025 with options. Lewis Ave. sees 20,000 cars daily according to MDOT. Seller will provide 2 months hands on training and Support for up to 6 months. This is a turn key business, ready for you to run from the day you take possession.
    Exterior Features

    Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 600X400x600x400 Road Frontage Feet 600 Road Frontage Type Class A Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 2800 Sq Ft Office 0 Sq Ft Source Public

    Property Features

    Business Type Retail Commercial Type Commercial Current Use Restaurant Encroachment YN No Gross Scheduled Income 396000.00 Land Contract YN No Listing Financing CashConventionalNet Lease Monthly Sales 46000 Net Operating Income 246000.00 Operating Expense 150000.00 Ownership Status Private OwnedShort Sale - No Possession At Close Postal City Temperance Protection Period 180 Settlement Township Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Private - Owned Total Tax 0.0000 Unparsed Address 6660 Lewis Ave Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Community Choice Realty Associates and Realcomp, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-12T09:56:51.02.
     
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