596 S Cedar Alley $995,000

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    596 S Cedar Alley Imlay City, MI 48444

    • 7,351 sq. ft.
    • 2.64 Acres
    • Commercial
    • MLS# 50143816
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    Views: 24 Days On Site: 167

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    Property Details

    Imlay City is a city of approximately 3600 very diverse demographics and many, many of them have patronized this fun and exciting place for dining and enjoying their beverage of choice! The fully stocked bar (full liquor license & Keno) is welcoming and casual. With a pleasant and vibrant atmosphere year-round, the indoor and outdoor areas are filled with up to 100 loyal and new customers in the restaurant and bar areas each week, plus another 65 in the outdoor patio area! The banquet hall accommodates up to 120 people for the ideal small to medium venue - birthday parties, small weddings, gift showers, or meetings. Situated on three acres on very-well traversed M53 near I69, there is ample parking in the asphalt lot, for patrons of the large 7351-sq-ft building. The full-service kitchen with many recent updates is currently open 6 days a week and provides a high annual gross revenue.

    • General Features
      • Acreage 2.64
      • Area Municipality Imlay City (44027)
      • County Lapeer
      • Originating MLS MiRealSource
      • Ownership Private
      • Total SqFt Finished 7351
      • Waterfront Y/N No
      • Year Built 1952
      • ZONING Commercial
    • Building Features
      • Cooling System Central A/C, Exhaust Fan
      • Exterior Construction Wood
      • Exterior Features Deck/Patio
      • Foundation Type Slab
      • Heating System Baseboard
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • PARKING On Site,Parking Lot
      • Lot Size 200 x 305
      • Roads City/County, Class A
      • Sewer Septic Public Sanitary

    Neighborhood

    48444 (Imlay City) Demographics

    39 Median Age
    121 Population Density (per sq. mile)
    20% College Educated
    $60,245 Estimated Median Income
    2,822 Estimated Total Home Owners
    931 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    9,835 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $205,000 Median Sales Price
    5 Homes Sold
    16 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
        5/31/2024 12:07:00 PM New in Database Source: Multiple Listing Service New Value: $995,000

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        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.