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9811 Exeter Rd

4,432 SF Retail Building Carleton, MI 48117 £1,183,500 (£267/SF)

Investment Highlights

  • 3 Bedroom House Attaced.
  • Liquor License.
  • Large Pole Barn.

Executive Summary

Welcome to Ansons Grill, Pizza, and Saloon, a cherished hometown favorite since 2011. This inviting establishment spans just under 5,000 square feet and is nestled on nearly 5 acres of prime real estate. Ansons Grill is renowned for its delectable custom pizzas, homemade pasta, hearty soups, and mouth-watering burgers, all crafted from a cherished family recipe. The restaurant boasts a full bar that comfortably seats 120 patrons and is open seven days a week. With options for outdoor seating and live entertainment, it offers a vibrant and welcoming atmosphere for all occasions. Included with this property is a spacious 1,500 square foot, three-bedroom, two-bath house, perfect for the new owner or as an additional rental opportunity. The home also features a convenient two-car garage. Additionally, the property includes a versatile pole barn, providing ample storage or expansion possibilities. In 2023, the establishment saw significant upgrades, including a new roof, new sidewalks, and a new furnace, ensuring the property is in top-notch condition. With 45 parking spots available, there is plenty of space for all your guests. This is an incredible investment opportunity for anyone looking to take over a beloved community restaurant with a full bar and liquor license already in place. For a private showing or more information, contact Realtor Justin Ford. Don’t miss your chance to own this amazing restaurant and become a part of its rich history.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income £682,485 £153.99
Vacancy Loss - -
Effective Gross Income £682,485 £153.99
Taxes £4,734 £1.07
Operating Expenses £512,850 £115.72
Total Expenses £517,584 £116.78
Net Operating Income £164,901 £37.21

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual £682,485
Annual Per SF £153.99
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £682,485
Annual Per SF £153.99
Taxes
Annual £4,734
Annual Per SF £1.07
Operating Expenses
Annual £512,850
Annual Per SF £115.72
Total Expenses
Annual £517,584
Annual Per SF £116.78
Net Operating Income
Annual £164,901
Annual Per SF £37.21

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,432 SF
Building Class
C
Year Built
1940
Price
£1,183,500
Price Per SF
£267
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Land Acres
4.76 AC
Zoning
C-1 - Commercial
Parking
36 Spaces (8.12 Spaces per 1,000 SF Leased)
Frontage
174 ft on Exeter Rd.

About 9811 Exeter Rd , Carleton, MI 48117

9811 Exeter Road in Carleton, Michigan, Welcome to Ansons Grill, Pizza, and Saloon, a cherished hometown favorite since 2011. This inviting establishment spans just under 5,000 square feet and is nestled on nearly 5 acres of prime real estate. Ansons Grill is renowned for its delectable custom pizzas, homemade pasta, hearty soups, and mouth-watering burgers, all crafted from a cherished family recipe. The restaurant boasts a full bar that comfortably seats 120 patrons and is open seven days a week. With options for outdoor seating and live entertainment, it offers a vibrant and welcoming atmosphere for all occasions. Included with this property is a spacious 1,500 square foot, three-bedroom, two-bath house, perfect for the new owner or as an additional rental opportunity. The home also features a convenient two-car garage. Additionally, the property includes a versatile pole barn, providing ample storage or expansion possibilities. In 2023, the establishment saw significant upgrades, including a new roof, new sidewalks, and a new furnace, ensuring the property is in top-notch condition. With 45 parking spots available, there is plenty of space for all your guests. This is an incredible investment opportunity for anyone looking to take over a beloved community restaurant with a full bar and liquor license already in place. For a private showing or more information, contact Realtor Justin Ford. Don’t miss your chance to own this amazing restaurant and become a part of its rich history.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-025-043-00
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£127,266 (2024)
Annual Taxes
£4,734 (£1.07/sf)
Tax Year
2023
  • Listing ID: 31988995

  • Date on Market: 01/06/2024

  • Last Updated:

  • Address: 9811 Exeter Rd, Carleton, MI 48117

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