Gladstone, MI 49837,7132 US 2/41 M-35
Gladstone, MI 49837,7132 US 2/41 M-35
Gladstone, MI 49837,7132 US 2/41 M-35
29
$270,000
$359,900
25.0%
Est.Price: ?

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2,318 SqFt

7132 US 2/41 M-35 Gladstone, MI 49837

Est. payment /mo
SOLD DATE : 08/01/2023

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Key Details

Sold Price $270,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,318 sqft

Price per Sqft $116

MLS Listing ID 50106419

Sold Date 08/01/23

Year Built 1964

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 229x120x215x227

Property Description

Local business established in 1964 has been a staple for our area for 63 years. If you have heard the saying location location location this property is located on US 2/41 M-35 this is one of the busiest roads in Michigan's Upper Peninsula servicing hundreds of thousands of travelers per year. Since 1964 the DeLona has served as a restaurant but the possibilities with this business or location are endless. If being in the restaurant business is not your cup of tea but the real estate is perfect for your aspiring business, and you want the location the seller will give credit for the industrial components of the restaurant and remove them. The credit or price adjustment will be negotiated based on the appraised value of the restaurant furnishings and equipment. The current traffic findings are that over 287000 vehicles use this road yearly so again location is key here. The business taxes are available and will show constant profitability for 2019,2020 and 2021. Must sign confidentiality agreement before receiving. Pre-approval or Bank certification of funds to accompany any showings.

Location

State MI

County Delta

Area Gladstone (21015)

Zoning Professional Office,Commercial,Industrial,Residential

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central A/C, Heat Pump(s)

Exterior

Parking Features 11-20 Spaces, On Site, Parking Lot

Roof Type Shingles

Building

Foundation Basement

Water Private Well

Structure Type Brick,Shingle,Wood

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Commercial Loan

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by STATE WIDE REAL ESTATE OF ESCANABA
Bought with PREMIER REAL ESTATE, INC.

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agent

David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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