4208 S Straits Highway $995,000

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    4208 S Straits Highway Indian River, MI 49749

    • 2,934 sq. ft.
    • Commercial
    • MLS# 201830064
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    Views: 28 Days On Site: 150

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    Property Details

    This exceptional real estate offering includes a fully operational restaurant with a liquor license and complete financials, providing a unique opportunity for qualified buyers. Seller financing is available.. Nestled in the heart of the Indian River Community, this beloved establishment has been a cornerstone for many years, renowned for its outstanding service and delicious food. Located in a prime spot next to Burt Lake State Park, the restaurant boasts a stunning 183' of frontage on the Sturgeon River and sits conveniently along a popular hiking and biking trail. Currently, the restaurant serves breakfast and lunch daily until 3 PM, with special dinner service on Friday and Saturday nights, a perfect spot for morning coffee, a hearty breakfast, or a delightful lunch or dinner.

    • General Features
      • Type Business Op
      • Business Information Business Opportunity,Income Property
      • SqFt. Total 2,934
      • Extras Furnished, High Visibility, Kitchen Area, Lounge/Bar, Refrigerated Storage, Restaurant
      • Subdivision T35N,R3W
      • County Cheboygan
    • Building Features
      • Construction Frame
      • Heating/Air Conditioning Forced Air,Natural Gas
    • Property Features
      • Lot Size 183x67x52x293x280 +/-
      • Lake/River Name Sturgeon River
      • Road Blacktop, Gravel, Paved
      • Driveway Concrete, Gravel
      • Internet Access DSL
      • Electric On Site
      • Sewer Municipal
      • Water Well
      • Gas On Site

    Neighborhood

    49749 (Indian River) Demographics

    56 Median Age
    50 Population Density (per sq. mile)
    32% College Educated
    $56,230 Estimated Median Income
    1,714 Estimated Total Home Owners
    350 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,326 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $257,250 Median Sales Price
    6 Homes Sold
    7 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: $995,000
        9/12/2024 8:05:42 AM Price Reduced Source: Multiple Listing Service New Value: $995,000 -13.48%
        6/17/2024 12:36:00 PM New in Database Source: Multiple Listing Service New Value: $1,150,000

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        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for 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. Water Wonderland MLS, Inc © All rights reserved.

        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.