Cedar Crest Banquet Centre & Catering 872 E Michigan Ave 12,526 SF 100% Leased Retail Building Marshall, MI 49068 £531,224 (£42.41/SF)

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INVESTMENT HIGHLIGHTS

Opportunity for Outdoor Wedding Venue
Approximately 50% leased to Star Fitness and Emily Arnold LMT

Possible Bar or Restaurant opportunity

EXECUTIVE SUMMARY

Fully furnished banquet facility with professional Kitchen. Seats up to 276 and is stocked with a Full Bar, freezer, cooler and more.
Opportunity for Outdoor Wedding Venue with Possible Bar or Restaurant opportunity. Approximately 50% leased to Star Fitness and Emily Arnold LMT Liquor license available to purchase for onsite use only, and as a separate transaction.

Cedar Crest Banquet Sale Brochure

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

12,526 SF

Building Class

Year Built

1940

Price

£531,224

Price Per SF

£42.41

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.96

Lot Size

0.30 AC

Opportunity Zone

Yes

Zoning

Commercial - Commercial Zoned District

Parking

20 Spaces (1.6 Spaces per 1,000 SF Leased)

Frontage

125 ft on Michigan Ave

AMENITIES

Signage

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

1st Floor
5,400-6,900 SF
Retail
Outparcel
30 Days

Fully furnished banquet facility with professional Kitchen. Seats up to 276 and is stocked with a Full Bar, freezer, cooler and more. Opportunity for Outdoor Wedding Venue with Possible Bar or Restaurant opportunity. Approximately 50% leased to Star Fitness and Emily Arnold LMT Liquor license available to purchase for onsite use only, and as a separate transaction.