Discover a prime investment opportunity in the heart of Grosse Pointe Woods, nestled along the vibrant stretch of Mack Avenue. Presenting an enticing prospect for entrepreneurs, this well-appointed restaurant space boasts a coveted full liquor license, offering an array of possibilities for culinary innovation and hospitality excellence.Set amidst a bustling commercial district, this establishment enjoys high visibility and easy accessibility, drawing in both local residents and passersby. With ample on-site parking, patrons can indulge in the culinary delights without the hassle of searching for a spot, ensuring a seamless dining experience.Beyond its current charm, this property holds immense potential for expansion, allowing visionary restaurateurs to elevate their concept and cater to a broader audience. Whether you envision an expansion of dining space, the addition of outdoor seating, or the incorporation of private event facilities, the canvas is yours to transform.The surrounding community of Grosse Pointe Woods is renowned for its affluent demographics and strong sense of community, providing a fertile ground for culinary ventures to flourish. Seize this rare opportunity to own a restaurant on Mack Avenue and establish your mark in this thriving culinary landscape.Don't miss out on this exceptional chance to turn your restaurant dreams into reality. Contact us today to schedule a viewing and unlock the potential of this remarkable business opportunity.Listing is for Turn Key Business only. The building is not available for purchase at this time.
4 months ago | Listing updated with changes from the MLS® | |
5 months ago | Price changed to $480,000 | |
9 months ago | Status changed to Active | |
10 months ago | Listing first seen on site |
Provider and Settlement Service | Charge or Range of Charges |
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Sonic Realty LLC | 1%-6% of purchase price |
Sonic Title Agency, LLC |
Title Insurance Policy: $950 - $1706 on a $250,000 property. (Rates vary and are dependent on the state, selling price, and loan amount on the property.) Title Search Fee: $250 - $325 (where applicable) Closing Fee: $450 - $650 |
Sonic Loans Inc. This company provides various real estate mortgage loan origination activities either as a third-party originator or a mortgage broker, including loan pre-qualification, competitive bid process (when providing third-party origination services), loan origination, loan pre-approval, loan structuring, processing, and closing. |
Loan Origination Charge: 0-3 % of loan amount (may include 3rd party fees) Loan Discount Fee/points: 0.5%-6% of loan amount. Application/Processing Fee: $0.00 - $875.00 Flood and tax service: $0.00 - $95.00 Underwriting Fee: $0.00 - $1295.00 Document Review Fee: $0.00 - $400.00 Appraisal Fee: $0.00 - $850.00 Credit Report Fee: $0.00 - $135.00 Actual charges may vary according to the particular lender selected, the particular services provided, and the underlying transaction, borrower selections, etc. Some or all of these fees may be charged by third parties and/or the Member Mortgage Lender/Mortgage Broker. The Member Lenders and Mortgage Brokers have agreed to pay a fee ranging from 0.5% to 2.75% of the loan amount to Sonic Loans in connection with a range of loan origination services provided by Sonic Loans to the Member Lender/Mortgage Broker. The fees are paid either directly to Sonic Loans by the Member Lender/Mortgage Broker or billed directly to you at closing. |
Provider and Settlement Service | Charge or Range of Charges |
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Appraisal Fee | $0-$800 |
Credit Report Fee | $63-$125 |
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