NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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Property: Log Cabin Grille & Bistro
Price: $499,000
Million Dollar View of Little Bay de Noc, sitting on the high traffic area of US2 & 41 & M35 with approximately 183 feet of highway frontage. The property is located in Escanaba Township. The site contains approximately 1.41 acres. The restaurant building contains 5,390 square feet in addition to a large basement area. |
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The site is serviced by public electric, natural gas, a private drilled artesian well and private septic. The building has natural gas hot water heat and central air conditioning. The parcel is not located in a flood hazard area.
A semi-private dining room with seating for approximately 90 is located up front overlooking the bay. A dining area and a full service bar area with seating for approximately 68 in an open floor plan are located to the rear of the building. The commercial kitchen connects both dining areas. A large field stone gas fireplace and a baby grand player piano (Young Chang Akki Co. Ltd) are located in the rear dining / bar area. A large outdoor eating area / deck as well as a covered gazebo are located to the rear of the property complete with high patio chairs and tables overlooking a small fish pond. The site also contains a paved parking lot and driveway. The sizeable basement with office area, plenty of storage, walk-in freezer, two walk-in coolers, wine & liquor storage, maintenance room, ice makers and pantry area.
An extensively remodeled 2 bedroom home with large windows overlooking the bay is included with the restaurant. The home is approximately 968 square feet in addition to a partially finished basement.
A Class C liquor license with Outdoor Service, Dance & Entertainment, Sunday Sales and Food Permit are included with the purchase to approved buyers.
Extras include: Storage Shed, 2 salad bars one refrigerated and one using ice with two built in soup tureens, 2 freezers and 1 walk-in freezer, 2 walk-in coolers, Central Vacuum System, 2 stereo systems connected to cable, Seasonal decorations, 6 door beer cooler and a small freezer (for beer glasses) behind the bar. Includes all tables, chairs, dishware, cooking utensils, glassware, bar stools and window treatments. Popcorn Machine.
Winter 2008 Real Estate taxes were $7,823.44
2008 Personal Property taxes were $518.49
Summer 2008 $2,696.61
Please contact First Bank to view this property. Financing Available to Qualified Borrowers (906) 786-3355 or (906) 428-3535 .
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