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

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

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 0.19 Lot Square Footage: 8400 Lot Dimensions: 60 X 140 Year Built: 1965 Road Frontage: 60 Year Remodeled: 2009 Total # Units: 1 # Fin Bldg Lvls: 2 Total # Bldgs: 1 Total SqFt: 5800 Property Use Type: Business Full Baths: 2 Waterfront: No School District: Frankfort

Tax Info

Tax ID #: 10-51-010-020-00 Taxable Value: 141119 SEV: 157300 For Tax Year: 2018 Annual Property Tax: 7593 Tax Year: 2017 Spec Assessment & Type: NA Zoning: Restaurant

Remarks Misc

Directions: US 31 to M-115 West to Frankfort, Main Street 3rd block from Lake Michigan.

Status Change Info

Under Contract Date: 2019-04-01 Sold Date: 2019-06-27 Sold Price: $775,000 Sold Price/SqFt: 133.62

Additional Details

Total Parking Spaces: 7 Power/Phase: 3-Phase

Waterfront Options

Water Access Y/N: No

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
300 Main Street, Frankfort, MI 49635- MLS# 18043783
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