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Listing provided courtesy of Ensley Real Estate- MLS# 26025814MLS ProviderSource MLS Verified

42 E Lake StreetSand Lake, MI 49343

Commercial · 2 Full Baths · 3,866 Sq. ft. | 0.13 Acres
$225,000 Active

42 E Lake Street Overview

Time on Site:
31 days
Visits:
2

Turnkey bar, restaurant, and entertainment venue in the heart of Sand Lake, MI! This well established local destination offers strong community presence and multiple revenue streams. The property features a spacious dining and bar area, outdoor biergarten, and ample parking, creating an inviting atmosphere for locals and visitors alike. Included in the sale are a valuable Class C liquor license, a biergarten liquor license, and a package license for beer & wine. This equipped operation is ideal for an owner operator or investor looking to step into the hospitality industry. Conveniently located with excellent visibility and easy access, this property is ready for its next chapter.

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42 E Lake Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,866
  • Price/Sq.ft. $58
  • Lot 0.13 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1800

Location/Region

  • County Or Parish: Kent

Tax Information

  • Tax Annual Amount: 903.68

General Information

  • Parcel Number: 41-03-05-228-021
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 3866.0

General Information

  • Interior Features: Broadband
  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 41 x 132
  • Lot Size Square Feet: 5662.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Wood Siding

General Information

  • Number Of Units Total: 1
  • Utilities: Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

42 E Lake Street Neighborhood

Community

49343 (Sand Lake) Demographics

40
Median Age
102
Population Density (per sq. mile)
32%
College Educated
$64,654
Estimated Median Income
1,813
Estimated Total Home Owners
326
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

42 E Lake Street Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

42 E Lake Street Market Data

Based on the last 30 days in this zip code

$354,501
Average List Price
$198
Average Price per Square Foot
6
Properties Sold
36
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network