108 N Phelps Street Decatur, MI $ 399,900
108 N Phelps Street
$ 399,900
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108 N Phelps Street

Decatur, MI, 49045
$ 399,900
Baths0.0 Sq 4,374

Monthly Estimate*

$ 2,658

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Studio

Commercial Property for sale in Decatur, MI

for $399,900. This 4,374 square foot building was built in 1910 on a lot size of 0.1.

Don't miss the chance to take over one of Southwest Michigan's most beloved restaurants. Hard Times is celebrated for its cozy, nostalgic ambiance, delicious food, and friendly service. After decades of dedicated service, the owner has decided to retire. The restaurant's operating hours are Monday & Tuesday: Closed. Wednesday, Thursday, and Sunday: 7am - 2pm. Friday & Saturday: 7am - 8pm. Hard Times offers breakfast, lunch, and dinner, along with take-out and catering services. The building is 4,374 square feet, with accessible bathrooms, and seats 200 guests. It also features newer heating and cooling systems. The kitchen and equipment were upgraded in 2020/2021, including a fryer, dishwasher, and stove. There is plenty of public parking available at both the front and back entrances. With a long-standing tradition of quality and an established loyal customer base, this restaurant is turn-key ready! BTVAI

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Commercial Active

Price

$ 399,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,082

Style

Lot Size

0.1

Year Built

1910

Town/City

Decatur

County/Region

Van Buren

MLS | Web ID

20240034815

Features
Interior
Heating Fuel Natural Gas
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Negotiable
Zoning Commercial
Year Built 1910
Business Type Service
Property Type Commercial
Subdivision Name ORIGINAL PLAT OF DECATUR
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick Vinyl Wood
Cumulative Days on Market 20
MLS Area Decatur Vlg
Directions From I 94 South on M-51 Hwy into Decatur (turns into Delaware St in village limits) at stop light turn Right onto Phelps St restaurant on Right
City Decatur Vlg
Terms Offered Cash Conventional
School District Decatur
Land Contract 0
Ownership Status Short Sale - No Private Owned
Assessment 0.00
Total Sq Ft 4374
DOM 20
Taxes 6082.0000
Legal Description 675 20-4-14 832-40 876-311 1080-530 1089-421 1097-712 ELY 84 FT OF LOT 11. EXCEPT NLY 27.5 FT THEREOF. ALSO EXCEPT SLY 83.10 FT THEREOF. BLOCK B ORIGINAL PLAT OF DECATUR
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Exterior
Waterfront 0
Lot Size Area 0.10
Water Source Well (Existing)
Foundation Slab
Lot Size Dimensions 54.50 x 165.00
Roof Material Rubber
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Jeff Glover

Listing Agent

Kw Professionals

Broker

(734) 259-1100

Phone

Affordability Calculator

$3,165
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,658
Monthly Property Taxes
$507
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4654010 Elementary School
4654012 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$399,900 Listed Price

Map


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108 N Phelps Street, Decatur, MI, 49045 is a Commercial Property for sale at $399,900 with 4,374 sqft and a lot size of 0.1. 108 N Phelps Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 49045 which is in Decatur, MI