19327 Caberfae Highway $775,000

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    19327 Caberfae Highway Wellston, MI 49689

    • 2,968 sq. ft.
    • 2.50 Acres
    • Commercial
    • MLS# 23031277
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    Views: 75 Days On Site: 458

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    Property Details

    NEW PRICE....Investors welcome, add this restaurant to your portfolio. This property is situated near multiple trailheads and on M55 connecting Manistee and Cadillac, is the Red Neck Yacht Club. Built in 2019, this turn-key restaurant/bar will surely impress. No expenses were spared with the construction of this building. Property features LED lighting inside and out, integrated grease separator into the oversized septic system, a 32 KW back-up generator, 5'' type 2 commercial well, state of the art kitchen equipment includes, Peerless Pizza oven, 2 chicken broasters, Manitowoc 600 Ice maker and more, a 12 camera security system, too many things to mention, 550 Resort liquor license and inventory to be sold separately. Call for a private showing, serious inquiries only please.

    • General Features
      • Year Built 2019
      • New Construction Y/N false
      • Business Type Restaurant,Bar/Tavern/Lounge
      • County Or Parish Manistee
      • Property Sub Type Retail/Commercial
      • Tax Annual Amount 5600.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Slab, Concrete Perimeter
      • Construction Materials Vinyl Siding, Wood Siding
      • Building Area Total 2968.0
      • Roof Composition
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 2
      • Bathrooms 2
      • Sewer Septic System
    • Property Features
      • Lot Size Acres 2.5
      • Lot Size Area 2.5
      • Number Of Buildings 1
      • Utilities Propane, Cable Connected
      • Water Source Well, Public
      • Waterfront Y/N false
    • Schools
      • High School District Kaleva-Norman-Dickso

    Neighborhood

    49689 (Wellston) Demographics

    48 Median Age
    19 Population Density (per sq. mile)
    30% College Educated
    $59,091 Estimated Median Income
    602 Estimated Total Home Owners
    34 Estimated Total Renters
    95% / 5% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,550 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $135,000 Median Sales Price
    6 Homes Sold
    2 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: $775,000
        9/17/2024 10:44:15 PM Price Reduced Source: Multiple Listing Service New Value: $775,000 -20.51%
        8/23/2023 9:14:00 PM New in Database Source: Multiple Listing Service New Value: $975,000

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        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.