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Listed by Thomas F Cronin • Traverse Real Estate

$699,000

Est. payment - /mo

2,760 SqFt

Price Dropped by $50K

5790 US-31 S Grawn, MI 49637

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Epique Realty

admin@epiquerealty.com +1(512) 387-0722

UPDATED:

12/12/2024 06:09 AM

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $253

Subdivision Mi

MLS Listing ID 1922243

Year Built 1987

Lot Size 1.520 Acres

Acres 1.52

Lot Dimensions 300 X 197

Property Sub-Type Hospitality

Property Description

Experience the charm of a friendly, family-owned restaurant that has been serving customers since 1996. With its iconic reputation and delicious pizza recipe dating back to 1978, this locally owned and operated eatery serves up home-cooked meals for breakfast, lunch, and dinner. Situated in an ideal location away from the hustle and bustle of town, this restaurant boasts a loyal following of regulars who love the small-town and up north vibe. However, don't let its location fool you - it's conveniently located on main highway US-31, with an average of 22,000 plus cars passing by daily. This gives the restaurant great exposure and opportunities to attract new visitors. This restaurant is a staple in the community, renowned for its friendly service and delicious breakfast options, delectable pizzas, and Fish Fry Fridays. Customers have also eagerly anticipated their annual Greek Month in February and Polish Month in March, during which traditional favorites like gyros, baklava, kielbasa and homemade perogies are served up. In addition, they host a variety of other popular events throughout the year, such as Southern Cookin' Burger Bash, Octoberfest, Veterans Appreciation Day, and Italian Month – all of which attract customers from all taste pallets, making it a top destination for locals. With nearly two decades of tradition of these events, each ethnic menu and all homemade from scratch, it's no wonder the restaurant is a beloved part of the community. Included with the restaurant is all furniture, fixtures, and equipment, a food license, liquor license, beer and wine license, and more. Plus, with room for expansion, there's plenty of potential to grow this beloved business even further. Don't miss your opportunity to take over this beloved turn-key restaurant, complete with everything you need to hit the ground running and continue the legacy of serving up great food and creating unforgettable memories in a warm and welcoming atmosphere.

Location

State MI

County Grand Traverse

Zoning Commercial

Rooms

Basement Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Wood, Stone

Roof Type Membrane

Present Use Restaurant/Food Service,Bar

Road Frontage Public Maintained, Blacktop

Building

Sewer Private Septic

Water Municipal Water

Others

Tax ID 28-02-007-020-20

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash, Owner Assist (L/C)

Listing Terms Commercial Loan, Cash, Owner Assist (L/C)

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

5790 US-31 S Grawn, MI 49637

Epique Realty

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5790 US-31 S