4329 Gladwin RdPrudenville, MI 48651

  • Commercial real estate
  • 9.40 AC
For Sale
$399,000 View listing

Property Details for 4329 Gladwin Rd

Lot size
9.40 AC
Property type
Commercial real estate
APN
003-026-007-0060
APU
30260070060

Description

This exceptional, recently remodeled commercial property in Prudenville, Michigan, offers 7,000 square feet of versatile space, currently configured as a bar, restaurant, and wedding venue. The property boasts seating for approximately 220 guests, a large bar, hardwood dance floor, stage, two fireplaces, and a full kitchen equipped with new appliances, walk-in coolers, and kegerators. A Class C liquor license is included, subject to state transfer approval. The building features natural gas heat, central air conditioning, and a security alarm system. The charming log exterior sits on nearly three wooded acres, backing onto 400 acres of state land and conveniently located near snowmobile trails. An added bonus is a partially finished, approximately 800-square-foot, two-bedroom apartment above the main space, ideal for residential use or rental income. A newly constructed expansive deck and patio area provide ample space for outdoor dining and entertainment. The asking price is $399,000, with a price per square foot of $57. This turnkey investment presents a unique opportunity for a variety of business ventures. The property is located at 4329 S Gladwin Rd, Prudenville, MI 48651.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $85,600,856
    Hospitality
    $78,409,920
    Educational
    $65,236,136
    Medical
    $67,479,704
    Retail
    $101,478,432

Location Insight

City
Prudenville
County
Roscommon
State
Michigan
Latitude
44.2716
Longitude
-84.6484

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,245
-
-
$119,000
-
-
-
$238,000

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