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Bay Port Inn 827 Promenade St

6,300 SF Retail Building Bay Port, MI 48720 £430,348 (£68/SF)

Investment Highlights

  • Steps from Lake Huron
  • Completely Remodeled in 2021
  • Class B Hotel Liquor License

Executive Summary

This is an awesome opportunity! All the work has already done and no expense was spared in the remodel. This is truly a turn-key business opportunity with potential for growth.
The Bay Port Inn is a grand, historic building located in the center of a charming lakeside village. It's literally just a few steps from Lake Huron, the public boat launch onto Wildfowl Bay and the Historic Bay Port Fish Company. The restaurant/bar was completely remodeled in 2021 with a back bar and patio area added in 2023. It includes a rare, Class B Hotel Liquor License, as well as a 3 Bedroom, 1.5 bath (occupied) upstairs apartment, plus additional 1,800sqft yet to be utilized. The air conditioned kitchen was also completely revamped, the entire ventilation system is new and the mechanicals were replaced as well. Furnace, AC system, generator, electrical and plumbing were all replace in 2021.
Did I mention the 10 tap beer system, new bathrooms, 5 station POS system or 13 TV's?
The back/tiki bar patio area features a large, inside bar along with several tables and chairs (seating for 50) as well as glass, roll top doors that open the entire tiki bar to the outside. The outside, fenced patio area has additional tables, two gas firepits(underground gas lines) and even a covered, stage area to house your outdoor entertainment. This is a VERY BUSY, well established business in a growing waterside, resort town. Nothing was missed in the remodel and no expense was spared.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,300 SF
Building Class
C
Year Built/Renovated
1918/2021
Price
£430,348
Price Per SF
£68
Tenancy
Single
Number of Floors
2
Building FAR
0.38
Lot Size
0.38 AC
Frontage
110 ft on Promenade St

Amenities

  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-136-155-10
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£101,875
  • Listing ID: 32506400

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 827 Promenade St, Bay Port, MI 48720

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