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3097 24th Avenue

Hudsonville, MI 49426
  • $550,000
  • STATUS: Active
  • ON SITE: 93 days
  • MLS #: 21014204
UPDATED: 84 min ago
$550,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,586
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1977
County:

School Ratings & Info

School District:

Description

Long term well established business serving alcohol, convenience, tobacco, and food for delivery. Owner has almost doubled revenue and margins from their purchase in 2019 by adding a pizza business and delivery services, including expanding party store items. Area is growing rapidly with nearly 2,500 additional homes being built over the next few years, BIG upside potential. Owner is looking to transition to a different liquor license type as they are not permitted by State of Michigan to have different licensing. Many opportunities to grow and expand business as area develops with additional room to expand building and services available to the community. Seller is open to partnership opportunity, and is willing to stay on for 3 months to help with transition. inventory is separate.

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© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-07-30T00:00:06.61.
www.gingerbaxtergroup.com/homes/116528478
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3097 24th Avenue Hudsonville, MI 49426

  • Price: $550,000
  • Status: Active
  • Updated: 84 min ago
  • MLS #: 21014204
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1,586
SQFT
$347
$/SQFT
1977
Built
Neighborhood:
Jamestown Twp
County:
Ottawa
Area:
G70 - Ottawa County
School District:
Hudsonville
Property Description
Long term well established business serving alcohol, convenience, tobacco, and food for delivery. Owner has almost doubled revenue and margins from their purchase in 2019 by adding a pizza business and delivery services, including expanding party store items. Area is growing rapidly with nearly 2,500 additional homes being built over the next few years, BIG upside potential. Owner is looking to transition to a different liquor license type as they are not permitted by State of Michigan to have different licensing. Many opportunities to grow and expand business as area develops with additional room to expand building and services available to the community. Seller is open to partnership opportunity, and is willing to stay on for 3 months to help with transition. inventory is separate.
Exterior Features

Construction Type Block Driveway Asphalt Exterior Material Block Finished Building Levels 1586.00 Lot Dimensions 82.5 X 264 Number Of Buildings 1.00 Road Frontage 82.50 Roofing Composition Street Type PavedPublic Total Parking Spaces 20 Waterfront No

Interior Features

Air Conditioning None Below Grade None Heat Source Natural Gas Heat Type Forced Air Interior Features ExpandableSecurity System

Property Features

Annual Property Tax 4473.47 Association Greater Regional Alliance Of Realtors Business Includes EquipmentFurnitureInventoryLicensesReal Estate Commercial Type Business Opportunity Current Use Liquor Store And Pizzeria Documents Req Conf Agreement Financials New Construction No Ownership Llc Power Phase 3 Phase Sale Conditions None Sewer Public Tax Year 2020 Terms Available CashConventional Uses RestaurantRetail Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Utilities Attached CableElectricNatural GasTelephone Water Public

Listing provided courtesy of Christopher M Conflitti of American Real Estate Services. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-07-30T00:00:06.61.
 
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