Takeout Restaurant and Grocery Store

Retail-Commercial for Sale
Catylist Listing ID: 30535347
Property Subtypes: Convenience Store, Restaurant
Building Size (RSF): 2,940 SF
Gross Land Area: 0.12 Acres
Sale Price: $299,000
Unit Price: $101.70 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 2,940 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/5/2019

Overview / Comments

A beautiful newly renovated takeout restaurant, grocery store, meat market and smoke shop in the heart of Lansing city near McLaren Orthopedic Hospital and Career Quest Learning Centers, Lansing Campus. In 2019 the ower invested a significant amount to beautify the interior of the building and give it a new and fresh look. The restaurant has been prepared with a variety of kitchen equipment and ready to be used. The grocery sections are filled with decent quality products and the meat shop equipt with a fridge, freezer and many other tools that allow you to fully function.

The owner has years of experience and expertise in managing restaurants, creating food and designing a desirable menu that not only meeting but exceeding the customers' expectations of high-quality food. The owner is willing to train and prepare whoever is up to the job of making this beautiful restaurant a family business. Imagine seeing yourself serving delectable food, fresh meat, and selection of high-quality products which has been hand-picked and prepared with passion.

For further information or visit the restaurant, please contact Saeed Jafaei, Commercial Advisor with RE/MAX: 517-321-2800 EXT 138.
Saeed.Jafaei@rcgmichigan.com

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Ingham County - Lansing City
Tax ID/APN: 33-01-01-27-358-011
Zoning: F - COMMERCIAL
Retail Clientele: Business
Property Visibility: Excellent
Feet of Frontage: 62
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1960
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 20
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Lot Frontage: 62
Lot Depth: 87.2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: N 62 FT LOT 2 WALTER NELLER CO'S PROFESSIONAL & BUSINESS MART SUB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,591 102,733 225,977
Median Age: 34.68 31.63 33.47
Households: 5,852 41,109 90,536

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