851 S Garfield Avenue Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49686
$ 7700
- Bed
- Bath
5133 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Rent
Square Footage 5,133 sqft
Subdivision Mi
MLS Listing ID 80062055
Year Built 1978
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 385 x 297
Property Sub-Type Business
Property Description
This property is located in a bustling strip mall complex and sees high traffic within the complex as well on average 21,000 cars passing by every day. It is located near the airport and near many new construction projects and is known for it's consistent year-round business. It boasts over 5,100 square feet of space, making it perfect for large events or busy crowds. The property has a class C liquor license available. With a capacity of 190 people, divided into four main areas: the bar area, main restaurant area, brand-new patio, and a spacious back-room area for special events. This separate back-room space can accommodate large gatherings such as banquets, birthday parties and corporate events, making it a great addition to the already spacious front seating area. The business elements (liquor license, kitchen equipment and furniture) are valued at $275,000. This property is also listed for sale MLS #1909625.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 21+ Spaces,Parking Lot
Building
Foundation Slab
Water Public Water
Structure Type Frame
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan