161 Pine Drive $1,800,000

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    161 Pine Drive Greenville, MI 48838

    • 1.63 Acres
    • Commercial
    • MLS# 1924904
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    Views: 32 Days On Site: 129

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    Property Details

    Fantastic opportunity to acquire a legacy restaurant and bar perched on the edge of a private all sports lake in Montcalm county with an expansive deck overlooking the lake. The deck accommodates approximately 150 seats. The assets of the business are included in this sale- Furniture, Fixtures, Equipment, Goodwill, Trade secrets including recipes and liquor license. The business offers multiple streams of income and has a designated private event space separate from the dining room that has hosted graduations, birthdays, wakes and corporate parties. The Sellers require a strict NDA to learn the name of the business and gain more information on this awesome opportunity

    • General Features
      • Licenses Food, Liquor, Other
      • Included In Lease None
      • Business Incl Yes
      • Business Name Disclosed with NDA
      • Type of Ownership Corporate Owned
      • Approx Year Built 1978
      • Year Remodeled 2023
      • Type Hospitality
      • Town T 10N
      • Township Montcalm
      • Private Shared Private
      • Present Use Restaurant/Food Service
    • Building Features
      • Extras Other
      • Foundation Slab
      • Heating Cooling Source Natural Gas
      • Roof Asphalt
      • Heating Cooling Type Forced Air
      • Apx Total Fin SQFT 15,000
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Public Maintained
      • Body of Water Turk Lake
      • Water Front Footage 380
      • Sewer Municipal
      • % of Remodel 100
      • Parking Parking Lot
      • Exterior Features Aluminum
      • Lake Size 151 Sq. A
      • Construction Frame
      • Lot Dimensions Irregular (4 lots)
      • Location Corner Lot, Freestanding

    Neighborhood

    48838 (Greenville) Demographics

    39 Median Age
    183 Population Density (per sq. mile)
    30% College Educated
    $52,861 Estimated Median Income
    5,361 Estimated Total Home Owners
    1,884 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,573 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $264,000 Median Sales Price
    26 Homes Sold
    50 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: $1,800,000
        7/21/2024 4:06:07 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/18/2024 1:21:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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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.