Catylist ID:
#30034054
| Catylist Listing ID: | 30034054 |
| Property Subtypes: | Restaurant, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 7,700 SF |
| Gross Land Area: | 0.07 Acres |
| Sale Price: | $699,000 |
| Unit Price: | $90.78 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Business |
| Building Name: | Griff's Grill |
| Usable Size (USF): | 4,750 SF |
| Sale Terms: | Cash to Seller, Other |
| Last Updated: | 11/27/2019 |
Overview / Comments
|
• 49 N. Saginaw, formerly Griff's Grill, is bar/restaurant located within the Indian Hill District of downtown Pontiac. • The building's interior is tastefully historic and unique. Centrally located in downtown, with easy access to on and off-street parking. • The 1st Floor consists of 2,950 SF with a full service mahogany bar, kitchen, restrooms and seating for at least 80 patrons. • The 2nd Floor consists of 1,800 SF with a service bar, restrooms, elevated stage, sound/light booth and seating for at least 50 +/- patrons. • The Lower Level consists of 2,950 SF with office, liquor locker, walk-in keg cooler, mechanical systems and abundant storage. • Sale or Lease includes Class "C" liquor license and existing furniture, fixtures & Equipment (FFE). • Total capacity 150+/- • Pontiac is undergoing a significant renaissance! Join one of the 30+ new businesses which now call downtown Pontiac "home," such as Flagstar Strand Theatre, Slow's BBQ, ExFerimentation Brewing Co., Fillmore 13 Brewery, Alley Cat and M1 Concourse Race Track, to name a few. |
Attachments & Media
Financials
| Finance Data Year | 2016 |
|---|---|
| Real Estate Taxes - Annual($) | $2,393 (Annual) |
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Oakland |
| Submarket/Township: | Pontiac |
| Tax ID/APN: | 14-29-433-016 |
| Zoning: | DOWNTOWN BUSINESS DISTRICT |
| Property Located Between: | Lawrence and W. Huron St. |
| Largest Nearby Street: | Woodward Ave. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Year Built: | 1886 |
| Year Renovated: | 2012 |
| Lot Frontage: | 22' |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,350 | 86,461 | 181,717 |
| Median Age: | 34.22 | 36.31 | 39.33 |
| Households: | 4,968 | 34,083 | 71,496 |
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