134 Ashman Street $999,000

    Close

    134 Ashman Street Midland, MI 48640

    • 5,350 sq. ft.
    • 0.08 Acres
    • Commercial
    • MLS# 50150911
    Favorite Share
    Views: 112 Days On Site: 114

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Discover an exceptional opportunity in downtown Midland with this prime property featuring a thriving fine dining restaurant and two fully furnished, remodeled apartments upstairs. Spanning 5350 square feet, the building includes 2700 square feet dedicated to the restaurant space.Key Features:* Restaurant: A successful fine dining establishment with a loyal customer base, fully equipped kitchen, and a dining area that exudes elegance and comfort.* Apartments: Two fully furnished and remodeled apartments upstairs, offering additional income potential or personal use. Each apartment includes modern amenities and access to a private rooftop patio.* Assets Included: The sale includes a valuable liquor license, established recipes, and high-quality kitchen equipment, allowing for a seamless transition of ownership.* Location: Situated in downtown Midland, a bustling area known for its vibrant atmosphere and steady foot traffic, ensuring visibility and accessibility for patrons. Whether you're looking to continue the tradition of fine dining excellence or pursue your dream business venture, this property provides the ideal foundation. With its prime location, comprehensive amenities, and established business, it's a rare opportunity in the heart of Midland's commercial district.

    • General Features
      • Acreage 0.08
      • Area Municipality Midland (56020)
      • County Midland
      • Originating MLS Bay County REALTOR Association
      • Ownership Private
      • Total SqFt Finished 5350
      • Waterfront Y/N No
      • Year Built 1910
      • ZONING Mixed Use
    • Building Features
      • Cooling System Central A/C, HVAC, Wall/Window A/C
      • Exterior Construction Block
      • Exterior Features Deck/Patio
      • Foundation Type Slab
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • PARKING 6-10 Spaces
      • Lot Size 30x90
      • Roads City/County
      • Sewer Septic Public Sanitary

    Neighborhood

    48640 (Midland) Demographics

    39 Median Age
    309 Population Density (per sq. mile)
    49% College Educated
    $65,451 Estimated Median Income
    9,516 Estimated Total Home Owners
    3,491 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,374 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $255,000 Median Sales Price
    48 Homes Sold
    62 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: $999,000
        8/26/2024 2:08:19 PM Price Reduced Source: Multiple Listing Service New Value: $999,000 -9.18%
        8/4/2024 7:55:00 PM New in Database Source: Multiple Listing Service New Value: $1,100,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.