4965 Salling Avenue
Lewiston, Michigan 49756 (metro) Montmorency County
For Sale
Price: $649,000
Commercial (Restaurant and/or Bar)
- Year Built:
- unknown
- SqFt +/-:
- 6630
- Exterior:
- wood
- Garage:
- none
- View:
- Lot Size:
- 3.33 acres
- Furnished:
- Unfurnished
- Fireplace(s):
- none
- Water:
- well
- Sewer:
- septic
- Heat:
- baseboard
- Central Air:
- Yes
Outbuildings: shed.
Established in the 1950s, this landmark Northern Michigan Restaurant/Bar boasts a successful track record and is especially popular with golfers, lakers and snowmobilers. Situated on 3+ acres, with nearby East and West Twin Lakes and Snowmobile/ATV Trail Access, there is plenty of room to add Outdoor Entertainments and seating to the already expansive 6000 sqft interior with allowable 240 customer seating. The spacious open concept kitchen is spotless; the entire facility shines with pride of ownership! Major Improvements since 2021 include updated kitchen and bar, POS, rebuilt compressors and new well (2023). The bar and restaurant have convenient separate entrances but are also accessible from within. Plenty of dry storage and refrigeration, plus basement. Includes Class C License and furnishings. More... Natural gas, 4 central-air units, hot water boiler (inspected 2022). A complete improvements list available. Redwood is a profitable business, with 10% Cap Rate. Seller draws a salary. Open S, M, W, Th 4pm-8pm, Friday 4pm-9pm and Saturdays 11am-9pm. Closed on Tuesdays. Presently open for business, showings must be outside of business hours. Financials are available to qualified buyers with acceptable offer. Inventory sold separately.