121 S Pine River Street
Ithaca, MI, 48847 $ 224,900
Baths0.0 Sq 2,190 Monthly Estimate*
$ 1,495
Studio
for $224,900. This 2,190 square foot building was built in 1950 on a lot size of 0.1.
Great opportunity to own a turnkey established business in Ithaca MI. Four7 Food and Spirits, is a family oriented sports bar. Well kept and clean with a gorgeous oak bar counter, Four7 has a lively and energetic vibe. You will appreciate the comfortable seating, beautifully remodeled bathrooms, ample lighting and storage. Numerous upgrades have been undertaken, including a newer roof, furnace, freezers, fryers, hot water heater, ice machine, keg cooler, and electric panel. Even the kitchen exhaust fan is less than a year old. The package includes the Building, License (Sunday PM, Class C - Spirits & Mixed Spirit Drinks, Dance, Entertainment), Inventory, Fixtures, Furniture, and Equipment. There is also potential opportunity for an expanded outside service area to compliment the conditioned space. Located in downtown Ithaca, Four7 serves a diverse clientele, including locals, visitors and professionals. Ithaca is the county seat of Gratiot County bringing in a higher level of activity to the vicinity. The downtown area boasts a mix of thriving businesses and residential apartments. Ithaca also has an active promotional committee boosting economic activity and events in the downtown district. If you have a passion for hospitality and a desire to be part of the community, Four7 may be perfect for you. Possible owner financing.
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FeaturesGeneralHeating Forced Air
Possession At Close
Roof Other-See Remarks
Water Public Water
Status Active Active
Year Built 1950
Subdivision N/A MI
County Gratiot
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Four7 Food and Spirits
Percent Ownership Private
Municipality Ithaca
Section 1
Zoning Commercial
Commercial Features ADA Accessible Bath Fixtures
Area Ithaca (29023)
Primary City Ithaca
Directions From US 27 Exit117 onto Washington Rd. Head West on Washington. Turn left or south onto S Pine River to property.
City Ithaca
Financial Terms Cash Commercial Loan Conventional
Legal Description WD L 549 P 755 ORIGINAL PLAT COM 12 FT N OF SW COR OF LOT 7 BLK 10 TH E 132 FT N 37 1/2 FT W 52 FT S 5 FT 4 IN W 80 FT S 32 FT 2 IN TO POB. CITY OF ITHACA
DOM 22
Postal Code 48847
Price Per Sq Ft Total AG 102.69
Coming Soon Great opportunity to own a turnkey established business in Ithaca MI. Four7 Food and Spirits is a family oriented sports bar. Well kept and clean with a gorgeous oak bar counter
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ExteriorExterior Brick Vinyl Siding
Lot Size Area 0.1
Lot Dimensions 32 x 132
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* Excluded FeaturesList ByPatti WarnkeListing Agent
Patti Warnke Real Estate GroupBroker
pattijwarnke@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,495
- Monthly Property Taxes
- $180
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save NearbyCommerical listings in Ithaca, MI
Average List Price $203,156
Percent of Sale Price 10%
About Ithaca, MI 2,965 Population
-6% Since 2002
$ 36,353 Median Income
40.05 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/21/2024 | $224,900 | | Listed Price |