811 Cottageview Drive
Traverse City, MI 49684
MLS #1839223

Commercial
  • 1,116sq ft
$325,000
Est. P&I payment: $1241.28/mo
811 Cottageview Drive, Traverse City, MI 49684
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Description for 811 Cottageview Drive, Traverse City, MI 49684
The Pleasanton Bakery in the Grand Traverse Commons is for sale. The current owner is relocating to accept a position in the food service industry that is too good to pass up. He has grown the Pleasanton Bakery into a very profitable and successful business. The Grand Traverse Commons is a rapidly growing community with plans for more buildings to be redeveloped. Besides the obvious breakfast fare and customary pastries, Pleasanton serves pizza, cookies, full spectrum of breads, and much more. There is a menu attached for your review. The owner can work as many or few hours at the store as desired. The bakery is fully staffed with well trained professionals that take care of the daily business, and that includes the baking. The equipment is included in the sale, along with all the recipes. There is some time left on the current lease and the owner offers to assist in structuring a new lease. There is also a growing wholesale business to well know names in Traverse City. Included in the materials for examination are 3 years financials plus an interim statement for 2017 and a full equipment list. This business is profitable enough to support a nice salary by the owner, even as a part-time employee. There is still room to grow this business. Find out more by signing a confidentiality agreement.
MLS #1839223
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My Notes for MLS #1839223

General Features

  • Property Type: Retail/Commercial
  • Total Finished SqFt: 1,116
  • Lot Dimensions: Business Only
  • Approx Year Built: 1900
  • Zoning: Commercial

Exterior Features

  • Vacant Land: No
  • Roof: Membrane
  • Exterior Features: Brick
  • Parking: Parking Lot,​Street Parking

Utilities Features

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

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 291.22
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Conventional Mortgage,​Commercial Loan,​Cash
  • Included in Lease: None

Community Features

  • Development Name: Grand Traverse Commons

Misc Features

  • Deeded Waterfront: No
  • Business Name: Pleasanton Bakery
  • ECO Features: No
  • Business Included: Yes
  • Real Estate Included: No
  • Inventory Included: Yes
  • Present Use: Restaurant/Food Service,​Retail Store
  • Foundation: Slab
  • Possession: At Closing
  • Construction: Brick

Location

 
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Directions to 811 Cottageview Drive, Traverse City, MI 49684
Located at the corner of Cottageview Dr and Gray Dr
Listing information for 811 Cottageview Drive, Traverse City, MI 49684 was graciously provided by our friends at the listing brokerage, Three West, LLC 4020 Copper View, Suite 129, Traverse City, MI 49684

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P&I Payment $1241.28
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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 12/18/2017 at 3:20am
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