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112 N State Street Freeport, MI $ 240,000
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$ 240,000 Get more info
112 N State Street
$ 240,000
Back to search
Share Save

112 N State Street

Freeport, MI, 49325
$ 240,000
Bedrooms-- Baths3.0

Monthly Estimate*

$ 1,497

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Commercial Property for sale in Freeport, MI

for $240,000 with 3 full baths. This building was built in 1940 on a lot size of 0.3.

Located in Downtown Freeport, Smelk's Diner is the place to go for a great breakfast, lunch, or dinner in a very comfortable atmosphere, right in the middle of town! Seating for 54 diners, including unique bar stools that allow you to sit at the counter and converse with the friendly staff as they work to satisfy the customers. Very nicely decorated dining area, separate area in the back for food preparation, storage area. A lot of storage area in the basement as well as an office to work in. Most of the equipment to stay with sale(see attached list). Don't miss this unique opportunity to carry on this business and make it your own brand! Located in Downtown Freeport, Smelk's Diner is the place to go for a great breakfast, lunch, or dinner in a very comfortable atmosphere, right in the middle of town! Seating for 54 diners, including unique bar stools that allow you to sit at the counter and converse with the friendly staff as they work to satisfy the customers. Very nicely decorated dining area, separate area in the back for food preparation, storage area. A lot of storage area in the basement as well as an office to work in. Most of the equipment to stay with sale(see attached list). Don't miss this unique opportunity to carry on this business and make it your own brand!

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Commercial Active

Price

$ 240,000

Full Bath

3

Property Type

Commercial

Taxes

$ 2,491

Style

Retail

Lot Size

0.3

Year Built

1940

Town/City

Freeport

County/Region

Barry

MLS | Web ID

24032654
Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Roof Composition
Construction Materials Vinyl Siding
Year Built 1940
Township Freeport Vlg
Property Subtype Retail
Tax Year 2024
Gross Income 27831.0
Business Type Restaurant
County Barry
Net Operating Income 23599.0
Operating Expense 51430.0
Insurance Expense 3536.0
New Construction N
Property Type Commercial Sale
MaintenanceExpense 1429.0
Building Features Bath Common Area
Full Baths 3
Status Active
Directions Take I-96 to exit 52 and take M-50 M-50 to Freeport Ave Freeport Ave to N State St N State St to property
City Freeport
High School District Thornapple Kellogg
Zoning Description C-1
Number Of Units Total 1
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 13068.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 2491.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 50002
Ownership Type LLC
Legal Description FREEPORT; BEG 4 RODS W OF SW COR LOT 5 BLK 4 OF VILLAGE OF FREEPORT; TH W 8 RODS; TH N 4 RODS; TH E 8 RODS; TH S 4 RODS
Senior Community None
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Exterior
Total Parking 20.0
Inclusions Real Estate Furniture Equipment
Lot Size Area 0.3
Number of Buildings 1
Spa N
Building Area Total 3878.0
Lot Dimensions 132x99
Lot Size Acres 0.3
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 3
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Internal Only
Street Number 1 112
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* Excluded Features
List By
Kw Rivertown Hoppough

Broker

jamiestephens@kw.com

Email

Affordability Calculator

$1,705
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
440393 Elementary School
440402 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2024$240,000 Listed Price

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112 N State Street, Freeport, MI, 49325 is a Commercial Property for sale at $240,000 with a lot size of 0.3. 112 N State Street has 3.0 baths and was built in 1940. The property's zip code is 49325 which is in Freeport, MI

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