300 Main Street, Frankfort, MI 49635 (MLS# 18043783)
300 Main Street, Frankfort, MI 49635
$775,000
Property Type:
Commercial Sale
Square Footage:
5,800
Lot Size (sq. ft.):
8,400
Status:
Sold
Current Price:
$1,195,000
List Date:
9/05/2018
Last Modified:
11/01/2021
Description
The Fusion Restaurant is a well established full service restaurant in the heart of downtown Frankfort. Just 2 blocks from Lake Michigan. Large deck overlooking Betsie Bay. Sale includes a Class C MLCC License as well as Catering/Banquet Beverage Use. All F F & E furniture, fixtures and equipment are included in the sale.
More Information MLS# 18043783
Location & Property Info
Cross Streets: 3rd Street
Property Sub-Type: Retail
Municipality: Frankfort
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 206.03
Prop Avail for Lease?: No
Current Bldg Use: Restaurant
General Property Info
New Construction: No
Lot Dimensions: 60 X 140
Road Frontage: 60
Waterfront: No
Year Remodeled: 2009
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 5800
Property Use Type: Business
School District: Frankfort
Lot Measurement: Acres
Lot Acres: 0.19
Lot Square Footage: 8400
Year Built: 1965
Full Baths: 2
Tax Info
Taxable Value: 141119
SEV: 157300
For Tax Year: 2018
Seller's Annual Property Tax: 7593
Tax Year: 2017
Homestead %: 0
Spec Assessment & Type: NA
Zoning: Restaurant
Tax ID #: 10-51-010-020-00
Remarks & Misc
Legal: W 1/2 OF LOT 4 LYING N OF AA RR BLK 3 TOWN & HARBOR FRANKFORT P.A. 300 MAIN STREET
Status Change Info
Sold Price/SqFt: 133.62
Under Contract Date: 2019-04-01
Sold Date: 2019-06-27
Sold Price: $775,000
Waterfront Options
Water Access Y/N: No
Additional Details
Total Parking Spaces: 7
Power/Phase: 3-Phase
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Restaurant: 1
Construction Type
Frame/Wood: 1
Exterior Material
Wood Siding: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Corporation: 1
Below Grade
Walk-Out Access: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Equipment: 1
Furniture: 1
Licenses: 1
Real Estate: 1
Util Avail at St
Electricity Available: 1
Natural Gas Available: 1
Storm Sewer: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Location Property Info
County: Benzie
Street #: 300
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49635
Area: Traverse City - T
OfficeContract Info
Status: Sold
Current Price: $775,000
List Price: $1,195,000
Listing Date: 2018-09-04
Remarks Misc
Directions: US 31 to M-115 West to Frankfort, Main Street 3rd block from Lake Michigan.
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge; Restaurant
Ownership: Corporation
Business Includes: Equipment; Furniture; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Wood Siding
Below Grade: Walk-Out Access
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Electricity Available; Natural Gas Available; Storm Sewer
Heat Source: Electric; Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Negotiable
Listing Office:
Coldwell Banker Schmidt-Benzie
Listing Agent:
Doug Taylor
Last Updated: November - 01 - 2021
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