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533 River Street Ontonagon, MI 49953
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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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with RE/MAX DOUGLASS R.E.-H