3,620 SF Popular Restaurant/Bar CALL TRADEMARK 989-792-6400

Retail-Commercial for Sale
Catylist Listing ID: 30043687
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,620 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $110.22 PSF
Property Use Type: Business
Building Name: Village Inn
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

Here's your opportunity to own a very popular neighborhood restaurant and tavern known for its great food and proximity to Saginaw Bay. Located in downtown Linwood, Michigan just a few blocks from the Linwood Beach Marina and Campgrounds and the famed Saginaw Bay, home of year-round walleye fishing.

Sale price includes all equipment, fixtures and furnishings (with limited exceptions) to include walk-in cooler with six draft beer taps and walk-in freezer for food storage. On-site ATM and POS system, business name and goodwill included. This is a turn-key business opportunity! Liquor License and Inventory available at additional cost.

This establishment holds both a Class C (beer, wine and liquor on-premise sales) liquor license and a beer and wine Specially Designated Merchant licenses for packaged beer and wine sales (off-premises). These licenses are offered for sale at a cost of $40,000 IN ADDITION to the building and business sale price. On hand inventory is also available at a cost to be determined by inventory on hand at closing.

The Village Inn has an outstanding reputation for great food, with a chef-run kitchen, and a lively sports bar atmosphere. Their popular Catch & Cook service allows guests to bring their fresh catch straight from a Saginaw Bay charter to the restaurant to be cooked and served the same day!

The current owners have been in business since 1990 with the establishment itself dating back to the 1900s. Its outstanding location near Saginaw Bay enables it to attract fishermen campers and sportsmen year-around, along with visitors to coming to and from Saganing Eagles Landing Casino, 15 miles to the north.

The Village Inn has hosted numerous fishing tournament awards ceremonies and has been featured on the Michigan Outdoors television program. The Inn also does a great deal of in-house catering of birthday parties, rehearsal dinners, bridal/baby showers, charity events and bachelor/bachelorette parties.

Contact Gretchen Witherspoon at Trademark Commercial Group for more information (there's much more!) at 989-792-6400 and to schedule a private showing.

THE VILLAGE INN TO BE SHOWN BY APPOINTMENT ONLY

Additional Details

Nearest MSA: Bay City
County: Bay
Tax ID/APN: CPIXTAX

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,341 8,895
Median Age: 46.47 45.81
Households: 1,777 3,620

Contact

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.