10235 W Front Street $2,995,000

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    10235 W Front Street Empire, MI 49630

    • 1.10 Acres
    • Commercial
    • MLS# 1922256
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    Views: 28 Days On Site: 187

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    Property Details

    Here's your chance to own and operate the only two full-service restaurants, Joe's Friendly Tavern and the Empire Village Inn, located in the beautiful beach town of Empire, Michigan. Both establishments have a long history, with loyal customers made up of year-round and seasonal residents and summer visitors, and produce strong, consistent revenues and cash flow. The Friendly Tavern has 100 indoor seats and an additional 90 seats on a newly constructed patio. The Village Inn has 90 seats inside with additional room outside. All business assets, Class C & SDM liquor licenses, and real estate are included in the sale. The Leelanau County location in the heart of the Sleeping Bear Dunes National Lakeshore attracts well over a million visitors each year and there is opportunity to further enhance the businesses to meet the demand of the growing visitor numbers.

    • General Features
      • Licenses Beer/Wine, Food, Liquor
      • Included In Lease None
      • Business Incl Yes
      • Business Name Joe's Friendly Tavern
      • Type of Ownership Private Owner
      • Approx Year Built 1946
      • Type Hospitality
      • Town T 28N
      • Township Empire
      • Present Use Restaurant/Food Service
    • Building Features
      • Extras Other, None
      • Foundation Slab
      • Heating Cooling Source Natural Gas
      • Roof Wood, Metal, Membrane
      • Heating Cooling Type Forced Air
      • Apx Total Fin SQFT 8,247
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free Main Floor Access, No Steps Entry, Grab Bars
      • Road Public Maintained, Blacktop
      • Sewer Private Septic
      • Parking Paved, Parking Lot, Street Parking
      • Exterior Features Wood, Brick, Block
      • Construction Frame
      • Lot Dimensions 130x89x irregular
      • Location Corner Lot, Freestanding, Other

    Neighborhood

    49630 (Empire) Demographics

    60 Median Age
    28 Population Density (per sq. mile)
    57% College Educated
    $64,167 Estimated Median Income
    633 Estimated Total Home Owners
    63 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,441 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $435,000 Median Sales Price
    2 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,995,000
        5/17/2024 4:06:02 AM Status Changed Source: Multiple Listing Service New Value: Active
        5/14/2024 1:21:00 PM New in Database Source: Multiple Listing Service New Value: $2,995,000

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.