119 + 121 N Michigan Avenue, Big Rapids, MI 49307 (MLS# 24060494)
119 + 121 N Michigan Avenue, Big Rapids, MI 49307
$1,375,000
Property Type:
Commercial Sale
Square Footage:
6,075
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$1,375,000
List Date:
11/21/2024
Last Modified:
3/17/2025
Description
Unlock a rare opportunity to own a fully operational fine dining restaurant in the vibrant heart of downtown Big Rapids. This price also includes 121 N. Michigan Ave which adjoins the Blue Cow to the North. 121 includes two upstairs rental apartments as well as a main floor retail space. Spanning an impressive 6,075 square feet, this well maintained establishment boasts a comprehensive renovation completed in 2008, including a professionally designed interior, fully equipped kitchen, and a stylishly appointed bar. The layout provides a seamless flow for diners and staff, ensuring an exceptional dining experience for patrons. Included is a Class C, SDM, & Brew Pub liquor license, enhancing its allure. This would be an excellent opportunity to open up a main floor wall and combine the two.
More Information MLS# 24060494
Location Property Info
County: Mecosta
Street #: 119
Street Direction: N
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49307
Zip (4): 1401
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $1,375,000
List Price: $1,375,000
Listing Date: 2024-11-11
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Lot Dimensions: 50 x 150
Year Built: 1957
Road Frontage: 50
Total # Units: 1
# Fin Bldg Lvls: 1
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total SqFt: 6075
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Big Rapids
Tax Info
Tax ID #: 5417-11-360-008
Taxable Value: 164599
SEV: 195900
For Tax Year: 2024
Annual Property Tax: 11599
Tax Year: 2024
Spec Assessment & Type: Unknown
Remarks Misc
Directions: 131 in Big Rapids to Maple. East to Michigan Ave. North to property.
Additional Details
Ceiling Height: 12
Business Opportunity
Business Description: Restaurant
Gross Sales 3 Year ($): 3324912
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge; Restaurant; Retail
Ownership: LLC
Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type: Block
Exterior Material: Brick; Stucco
Roofing: Rubber
Foundation: Block; Combination; Concrete Perimeter
Below Grade: Basement; Full
Additional Features: Barrier Free; Bath Common Area; Fire Sprinkler
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Broadband
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Send to Econ Dev Org: MEDC
Possession: Close Of Escrow
Listing Office: Dwelling Realty - KW Northern Michigan
Listing Agent: Brandon Ball
Last Updated: March - 17 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.