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411 RIVER , ONTONAGON, MI 49953
W'ly 1/2 of Lot 9 AND E'ly 1/2 of Lot 8, Block 21 of original Plat of Village of Ontonagon

$200,000
MLS# 1118174

 

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PROPERTY DESCRIPTION

SUCCESSFUL TAVERN & GRILL FOR SALE IN MICHIGAN'S BEAUTIFUL UPPER PENINSULA. This turnkey business includes all furnishings, fixtures, inventory, licenses and permits to continue the operation. The building has had many updates since 2012 and offers two, partially renovated second floor apartments that can provide additional income to the new owner when renovation is completed. State of Michigan Class C liquor license, outdoor service permit, keno and Michigan "pull tab" lottery on site. SELLER WILL CONSIDER FINANCING, and will remain available for training of new owner if requested. Financials to be provided after accepted offer is made. 2019 SEV $35,000; 2019 T/V $31,766; 2018 Taxes were $1,908.54

 
LOCATION
411 River
Ontonagon, MI 49953

Price: $200,000

County: Ontonagon

Tax ID #: 41-421-009-50 & 41-421-008-20

School District:

Waterfront: None
Water View: None
Shoreline: Not Applicable

Road Access: Year Round

Directions: River St. in Ontonagon

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DETAILS
Business Type Bar/Grill/Apartments
Total Buildings 1.00
Total Building Square Feet 3648.00
Lot Dimensions 50x100
Year Built (Approx.) 1950
Status: Active

 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: None

Construction: Conventional Frame

Garage:

Fireplace:

 

Exterior: Block,Wood

First Floor Bath:

 

First Floor Bedroom:

Outbuildings: None

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Yes

 

Natural Gas: Yes

Sewer: City

Water: City

Cable: Yes

 

Telephone: Yes

Propane Tanks: N/A

 

Air Conditioning: Wall Unit

Heat: Natural Gas Hot Water

 

Supplemental Heat: None

 
 
 
PAYMENT CALCULATOR
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.

 

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Listing Office:
Borseth Properties

Listing Agent:
Kemppainen-maki, Bonnie

 
 

Office: 906-988-2329 | Toll Free: 1-877-768-9846 | Fax: 906-988-2320

 

 
 
 

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