4965 Salling Avenue

Lewiston, Michigan  49756 (metro) Montmorency County

For Sale

Price:   $649,000

Commercial (Restaurant and/or Bar)

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.

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.  

Listing Number: 99200954

Contact: Banner Realty

Name: Lisa Timm

Email: lisatimm@charter.net

Phone: (989)356-1177

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