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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 Sq 3,878

Monthly Estimate*

$ 1,497

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Commercial Property for sale in Freeport, MI

for $240,000 with 3 full baths. This 3,878 square foot 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

BusinessandRealEstate

Lot Size

0.3

Year Built

1940

Town/City

Freeport

County/Region

Barry

MLS | Web ID

65024032654
Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected
Roof Composition
Construction Materials Concrete Frame VinylSiding WoodSiding
Year Built 1940
Property Subtype BusinessandRealEstate
Tax Year 2023
Ownership LLC
Business Type Restaurant Retail
County Barry
Net Operating Income 23599.0
Operating Expense 51430.0
Insurance Expense 3536.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
MaintenanceExpense 1429.0
Garage Y/N N
Building Features Bath Furniture
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 FreeportVillage_Barry
Disclosures DocumentsRequireConfidentialityAgreement
Senior Community Y/N N
High School District ThornappleKellogg
Zoning Description Commercial
Number Of Units Total 1
MLS Area Area91022FreeportVlg
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2491.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
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
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Interior
Basement CommonStorageLocker Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 3
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Exterior
Parking Features Asphalt Concrete Gravel
Water Source Public
Total Parking 20.0
Lot Size Area 13068.0
Foundation Details Basement
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
Other Equipment Other
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 112
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* Excluded Features
List By
James Stephens

Listing Agent

Kw Rivertown Hoppough

Broker

(616) 204-6101

Phone

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
4909434 Elementary School
4909510 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2024$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 3,878 sqft and 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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