26,670 SF Building on 4.60 acres.TRADEMARK 989-792-6400

Retail-Commercial for Sale
Catylist Listing ID: 28713157
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Building Size (RSF): 26,670 SF
Gross Land Area: 4.60 Acres
Sale Price: $1,900,000
Unit Price: $71.24 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 6/28/2017

Overview / Comments

Don't wait!! Great Opportunity!! We are marketing this property a few different ways!!

1st, as an ongoing business. Captain Dave's Entertainment Center. $1,900,000 all inclusive (name, equipment etc) Liquor License will be extra at $40,000. 2nd way we are marketing this... If sold not inclusive of equipment name, etc, the price shall be $1,800,000. This means the re-utilization or redevelopment of the building for another use. The 3rd option is a lease of the building in a redeveloped or "stripped" use (not used as a roller rink or restaurant), used more as a storage or other commercial use, the Seller would then be willing to lease it at $16,000 per month NNN. Any modifications needed would be at the Tenant's sole cost.

Call Gretchen Witherspoon at TRADEMARK COMMERCIAL GROUP 989-792-6400 for all the details..

Additional Details

Nearest MSA: Midland
County: Midland
Tax ID/APN: CPIXNET
Zoning: COMMERCIAL
Tenancy: Multiple Tenants

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,032 28,956 51,696
Median Age: 32.39 39.35 38.86
Households: 2,655 12,559 21,102

Contact

Photograph of Listing Agent

Gretchen Witherspoon,SIOR,CCIM

Trademark Commercial Group CPIX Member

Source

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