Traverse City, MI 49686,851 S Garfield Avenue
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Traverse City, MI 49686,851 S Garfield Avenue
Traverse City, MI 49686,851 S Garfield Avenue
Traverse City, MI 49686,851 S Garfield Avenue
Traverse City, MI 49686,851 S Garfield Avenue
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Listed by Thomas F Cronin • Traverse Real Estate
$ 7,700
Active

851 S Garfield Avenue Traverse City, MI 49686

5,133 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Rent

Square Footage 5,133 sqft

Subdivision Mi

MLS Listing ID 1938798

Year Built 1978

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 385 x 297

Property Sub-Type Hospitality

Property Description

This property is located in a bustling strip mall complex and sees high traffic within the complex as well on average 21,000 cars passing by every day. It is located near the airport and near many new construction projects and is known for it's consistent year-round business. It boasts over 5,100 square feet of space, making it perfect for large events or busy crowds. The property has a class C liquor license available. With a capacity of 190 people, divided into four main areas: the bar area, main restaurant area, brand-new patio, and a spacious back-room area for special events. This separate back-room space can accommodate large gatherings such as banquets, birthday parties and corporate events, making it a great addition to the already spacious front seating area. The business elements (liquor license, kitchen equipment and furniture) are valued at $275,000. This property is also listed for sale MLS #1909625.

Location

State MI

County Grand Traverse

Zoning Commercial,Restaurant/Food

Rooms

Basement Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Brick, Block, Steel

Roof Type Membrane

Present Use Restaurant/Food Service,Bar

Road Frontage Public Maintained, Blacktop

Total Parking Spaces 75

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 28-51-480-010-00

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash

Listing Terms Commercial Loan, Cash

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Jennifer Rodgers

Jennifer Rodgers

Broker | License ID: 6505414638

+1(517) 398-2541

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851 S Garfield Avenue