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105 N Phelps Street Decatur, MI $ 249,500
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$ 249,500 Get more info
105 N Phelps Street
$ 249,500
Back to search
Share Save

105 N Phelps Street

Decatur, MI, 49045
$ 249,500
Baths2.0

Monthly Estimate*

$ 1,743

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Studio

Commercial Property for sale in Decatur, MI

for $249,500 with 2 full baths. This building was built in 1965 on a lot size of 0.05.

Amazing Business Opportunity in FABULOUS Downtown Decatur! A great location for a SPORTS BAR, RESTUARANT, PIZZERIA, Cabaret/Musical Theater, Gentlemen's Club, or many other uses. This POPULAR LOCATION IS 4,180 SQ FT. Everyone knows where Harleys is in SW Michigan and throughout Chicago Land! PEOPLE CAME FROM ALL AROUND! This outstanding location carries a Huge Cabaret Area with a wonderful Nightclub Feel excellent for entertainment, serving food & drinks. The lighting is exciting and the Cabaret has a sound/light booth. There is a Billiards Area with a Spectacular Bar, Dressing Room, 2 large bathrooms, 2 Outdoor fenced-in spaces for Cigar Smoking, and a reading area. There is a good size kitchen with coolers. New Roof 2019 2 Ex Lg. Roof Air Cond. Sale incl. LIQUOUR LIC., Cab LIC

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Commercial Pending

Price

$ 249,500

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 4,326

Style

Retail/Commercial

Lot Size

0.05

Year Built

1965

Town/City

Decatur

County/Region

Van Buren

MLS | Web ID

23020353
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Cable Available Broadband Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Roof Rubber Concrete
Year Built 1965
Property SubType Retail/Commercial
Tax Year 2022
Business Type Other Restaurant Bar/Tavern/Lounge Retail
County Van Buren
New Construction N
Property Type Commercial Sale
Building Features Multi User Facility
Status Pending
Directions M-51 North to Phelps street turn right. It is on the left side of the street.
City Decatur
High School District Decatur
Zoning Description Commercial
Total Units 1
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 2200.0
Waterfront Y/N N
Street Name Phelps
Land Lease Y/N N
Tax Annual Amount 4326.77
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2023-06-15
Days on Market 168
Standard Status Pending
Tax Assessed Value 74648
Legal Description Tax Id : 80-43-040-229-00; Tax Id 2: 80-43-040-224-00
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Street
Electric On Property Y/N N
Total Baths 2
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Exterior
Water Source Public
Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Furniture': True}
Lot Size Area 0.05
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 4180.0
Lot Dimensions 22 x 100 x 21.3 x 100
Lot Size Acres 0.05
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 105
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* Excluded Features
List By
Redzone Realty Group, Llc

Broker

marybethsons@gmail.com

Email

Affordability Calculator

$2,103
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,743
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
251418 Elementary School
250122 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/14/2023$249,500 Listed Price

Map

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105 N Phelps Street, Decatur, MI, 49045 is a Commercial Property for sale at $249,500 with a lot size of 0.05. 105 N Phelps Street is a studio with 2.0 baths and was built in 1965. The property's zip code is 49045 which is in Decatur, MI

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