For Sale
$995,000

596 Cedar St Imlay City, MI 48444

Thriving Restaurant & Bar, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Imlay City restaurant and bar presents a lucrative investment opportunity. Boasting 7,351 square feet on a 2.64-acre lot, this established business enjoys a prime location on M-53 near I-69, ensuring high visibility and accessibility. The property features a fully stocked bar with a full liquor license and Keno, catering to a diverse clientele in a vibrant atmosphere. The spacious interior comfortably accommodates up to 100 patrons, complemented by an outdoor patio seating an additional 65. A banquet hall with a capacity of 120 provides versatile space for various events, from birthday parties to small weddings. The well-maintained, full-service kitchen, recently updated, operates six days a week, generating substantial annual gross revenue. Ample asphalt parking is available for patrons. The property is zoned commercial and offers significant potential for continued growth and profitability within a thriving community of approximately 3,600 residents. Asking price is $995,000, with a price per square foot of $135.36.

Property Details for 596 Cedar St

Property type
Commercial real estate
Square Feet
7,351 SF
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Imlay City
County
Lapeer
State
Michigan
Latitude
43.017893962116
Longitude
-83.072610838365

FAQs

What type of property is this?
Commercial real estate - Thriving Restaurant & Bar, High Traffic
Where is the commercial real estate located?
The property is located at 596 Cedar St Imlay City, MI.
What is the asking price?
The asking price for this property is $995,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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596 Cedar St
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