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685 N Port Crescent St
Bad Axe, MI 48413

The Peppermill · Retail Property For Sale

Executive Summary

Well known restaurant for sale with ample frontage on Bad Axe’s main retail corridor (M 53). Staple in Michigan’s thumb region for 30+ years. Business and Real Estate included, with an active Class C Liquor License and Beer & Wine (off premises) retail license. Well maintained site with numerous capital improvements recently completed. Business is properly managed and organized using the latest in POS software, ensuring smooth and efficient operations and an easy transition for new ownership.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,336 SF
Building Class
C
Year Built
1980
Price
£613,861
Price Per SF
£142
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.02 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-2 - General Business

Amenities

  • Restaurant
  • Air Conditioning

PROPERTY TAXES

Parcel Number 51-624-003-00 Improvements Assessment £0
Land Assessment £0 Total Assessment £140,356

PROPERTY TAXES

Parcel Number
51-624-003-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£140,356
 

  • Listing ID: 27906541

  • Date on Market: 07/03/2023

  • Last Updated:

  • Address: 685 N Port Crescent St, Bad Axe, MI 48413

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