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: | $90.78 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Business |
| Building Name: | Griff's Grill |
| Usable Size (USF): | 4,750 SF |
| Sale Terms: | Cash to Seller, Other |
| Last Updated: | 6/30/2020 |
Overview / Comments
|
• 49 N. Saginaw, formerly Griff's Grill, is bar/restaurant located within the Indian Hill District of downtown Pontiac. • The building's interior is tastefully historic and unique. Centrally located in downtown, with easy access to on and off-street parking. • The 1st Floor consists of 2,950 SF with a full service mahogany bar, kitchen, restrooms and seating for at least 80 patrons. • The 2nd Floor consists of 1,800 SF with a service bar, restrooms, elevated stage, sound/light booth and seating for at least 50 +/- patrons. • The Lower Level consists of 2,950 SF with office, liquor locker, walk-in keg cooler, mechanical systems and abundant storage. • Sale or Lease includes Class "C" liquor license and existing furniture, fixtures & Equipment (FFE). • Total capacity 150+/- • Pontiac is undergoing a significant renaissance! Join one of the 30+ new businesses which now call downtown Pontiac "home," such as Flagstar Strand Theatre, Slow's BBQ, ExFerimentation Brewing Co., Fillmore 13 Brewery, Alley Cat and M1 Concourse Race Track, to name a few. |
Attachments & Media
Financials
| Finance Data Year | 2016 |
|---|---|
| Real Estate Taxes - Annual($) | $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 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
