Ontonagon, MI 49953,533 River Street
Ontonagon, MI 49953,533 River Street
Ontonagon, MI 49953,533 River Street
40
$540,000
$400,000
35.0%
Est.Price: ?

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4,180 SqFt

533 River Street Ontonagon, MI 49953

Est. payment /mo
SOLD DATE : 06/12/2024

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Key Details

Sold Price $540,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,180 sqft

Price per Sqft $129

Subdivision Mi

MLS Listing ID 50138677

Sold Date 06/12/24

Year Built 1940

Annual Tax Amount $5,993

Tax Year 2023

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 79x75

Property Description

INCOMPARABLE River Street home and business! - ONTONAGON'S MOST COVETED ADDRESS! Located on the village's busiest corner, complete with a patio illuminated by gas lanterns! This jewel box is the culmination of a total renovation and expansion, designed to catch the eye of all! Refurbished with the finest materials and thoughtful attention to every detail, this is the perfect "turnkey" location for building your dream business, and it is ready for your personal touches. Features include 100+ year old locally harvested thin plank maple flooring on the shop level, antique tobacco barn oak hardwood flooring on the shop's platform area, rich custom antique stonework, rustic wood, gas fireplace, and colorful mural canvas wallpaper, this shop is designed to stun. The upstairs 2-bedroom condominium is first-rate, featuring engineered wide plank hickory floors, electrically heated Travertine tile, custom cherry cabinetry, and premium Bosch appliances. A chair lift connects the lower and upper levels of the building making the upstairs fully handicap accessible. The building has undergone a near complete restoration over the past 10 years, with new electrical, HVAC, spray foam insulation, exterior siding, windows and structural updating. Currently configured as a coffee roastery, coffee shop, bar and liquor store, this property lends itself well to a variety of commercial applications. A full liquor license is available for purchase (for this property only), at additional cost, subject to State of Michigan restrictions, and equipment/furnishings can be negotiated into the sale. Further information is available upon request. There is no way to describe the beauty in this property, it must be experienced firsthand, and it's safe to say, there will never be another property like this one. Come and see it today!

Location

State MI

County Ontonagon

Area Ontonagon (66015)

Zoning Commercial

Interior

Heating Boiler, Hot Water

Cooling Ceiling Fan(s), Central A/C

Exterior

Parking Features 3-5 Spaces, Municipal, On Site

Roof Type Flat,Rubber

Building

Foundation Basement

Water Public Water

Structure Type Brick,Brick Front,Other

Others

Ownership Other/See Remarks

SqFt Source Assessors Data

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by DOMITROVICH REALTY, INC
Bought with RE/MAX DOUGLASS R.E.-H

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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