1027 4TH Avenue Lake Odessa, MI 48849

$399,900
1027 4TH Avenue, Lake Odessa, MI 48849

Commercial Property for sale in Lake Odessa, MI

for $399,900. This 2,200 square foot building was built in 1950 on a lot size of 0.0620 Acre(s).

Property Information

  • $399,900
  • Commercial
  • 2,200 Square Feet
  • Taxes are $2,900
  • Business Opportunity
  • Active
  • Lot size of 0.0620 Acre(s)
  • Built in 1950
  • Lake Odessa, MI
  • Ionia County
  • MLS/Web ID is 15053758

Description

Great opportunity, Growing resturant with increasing revenues every year. Very clean and well organized with a fantastic local reputation. No leases on any equipment, everything is owned and for sale. The property itself was remodeled in 2012 with the following, furnace (95%), exhaust fans, electrical, lights, tile and carpet, new 50yr warranty on roof. Breakfast, lunch and diner are all served 7 days a week. Potential for additional revenue by leasing the upstairs apartment. All books are available upon appointment.

Interior 6

Basement

  • Basement

Cooling System

  • Central Air

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Sewer

  • Public Sewer
  • Storm Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Block
  • Concrete Block
  • Vinyl
  • Wood Frame

Parking

  • 100+ Parking Spaces

Road Frontage

  • Paved
  • Public Road

Roof

  • Rubber

Miscellaneous 3

Acceptable Finance

  • Cash

Commercial

  • Equipment Included
  • Fixtures/Furniture

Utilities

  • Broadband Internet Available
  • Cable
  • Electric
  • Natural Gas
  • Phone

† Excluded Feature

Neighborhood & Schools

School District: Lakewood

 See complete school information

Listed By

Broker: 4TH RIGHT REALTY

1027 4TH Avenue, Lake Odessa, MI, 48849 is a Commercial Property for sale at $399,900 with 2,200 sqft and a lot size of 0.0620 Acre(s). 1027 4TH Avenue was built in 1950. The property's zip code is 48849 which is in Lake Odessa, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Lake Odessa $223,260 44 % below $199,900 50 % below
Commerical listings in Lake Odessa $421,600 5 % above $399,900 0 % below

Get the facts about Lake Odessa, MI!

Population 1,912
Population Growth (since 2000) -9 %
Median Income $47,123
Median Age 37.27
Households w/ Children 25 %

Residential Dwellings

  • Owned 602
  • Vacant 111
  • Rented 195

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