Property Listing No Longer Available for Sale

6681 N Lumberjack Road, Riverdale, MI

Retail for Sale - $450,000 - 3,600 Sq. Ft.


Property Info

CIMLS#1070271
Location
  6681 N Lumberjack Road
  Riverdale MI 48877
UpdatedMarch 21st, 2020
TypeRetail
Price$450,000
Building3,600 Sq. Ft.

Property Description

Bar, Restaurant and Living Quarters in Central Michigan is available with the opportunity to carry on this 103 year tradition/legacy. Current owner is retiring. All equipment and furniture included. A bus comes with the business and has been used to transport Delmac riders to the restaurant for meals. The current owner has the license for outdoor service, allowing folks to come and enjoy their meal and sunshine at the same time and a tent is included to provide shelter for the less than optimal days. Additional licenses currently held are: Class C with Sunday sales, entertainment permit & outdoor services, Lottery license, Food Service Permit and Sales Tax License. The health department is working with EGLE to determine if a municipal sewer system will be required throughout the Village of Riverdale and the owner/seller is escrowing $50,000 at closing for the next owner to use towards the process of installing a new septic system or maintaining the current system until the municipal system is installed. There is a 3 bedroom, 2 bath home (1785sq ft) 2 story home included to the north of the Tavern, as well as 2 vacant lot parcels and a storage barn off Maple St.


Financials


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