236 E Front Street
Traverse City, MI 49684
MLS #1830352

Commercial
  • 3,500sq ft
$1,200,000
Est. P&I payment: $4583.19/mo
236 E Front Street, Traverse City, MI 49684
  • 236 E Front Street, Traverse City, MI 49684 Photo 1
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Description for 236 E Front Street, Traverse City, MI 49684
A rare chance to own one of TC's best restaurants -- in the heart of downtown! Incredible success has led to opportunities in larger U.S. cities, making this original location available to the right buyer. The financials are incredible, averaging $2.4 million (gross) per year despite modest menu pricing. Sale comes with all equipment (all new within past three years) and use of all recipes (for this location, only). This is a ready made, turn-key, have a huge income stream from day one opportunity! You might never see a deal like this, again. Call listing agent for financials. Non-disclosure agreement required.
MLS #1830352
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My Notes for MLS #1830352

General Features

  • Property Type: Retail/Commercial
  • Total Finished SqFt: 3,500
  • Lot Dimensions: various
  • Approx Year Built: 2011
  • Zoning: Commercial

Exterior Features

  • Parking Spaces: 2
  • Vacant Land: No
  • Roof: Membrane
  • Exterior Features: Wood,​Brick
  • Parking: Parking Garage,​Street Parking,​Other

Interior Features

  • Number of Restrooms: 2

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air,​Central Air
  • Water: Municipal Water
  • Sewer: Municipal

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 342.86
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Commercial Loan,​Cash,​1031 Exchange
  • Included in Lease: Building Insurance,​Garbage Pickup

Community Features

  • Development Name: Georgina's

Misc Features

  • Deeded Waterfront: No
  • Business Name: Georgina's
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: No
  • Inventory Included: No
  • Present Use: Restaurant/Food Service,​Bar
  • Foundation: Block
  • Possession: At Closing
  • Construction: Brick,​Frame

Location

 
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Directions to 236 E Front Street, Traverse City, MI 49684
On historic Front Street in downtown Traverse City. Directly across from Horizon Book store.
Listing information for 236 E Front Street, Traverse City, MI 49684 was graciously provided by our friends at the listing brokerage, REO-TC/Randolph 521 Randolph St, Traverse City, MI 49684

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P&I Payment $4583.19
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Paramount's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Paramount, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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Last Updated 12/16/2017 at 7:04pm
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