Fife Lake, MI 49633,108 State
$325,000
$355,000
8.5%
Est.Price: ?

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2,477 SqFt

108 State Fife Lake, MI 49633

Est. payment /mo
SOLD DATE : 08/09/2022

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Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 2,477 sqft

Price per Sqft $131

MLS Listing ID 1334834

Sold Date 08/09/22

Year Built 1942

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions Irregular

Property Description

Classic up north restaurant and bar opportunity. Gordy's Place is a historic restaurant and bar in the village of Fife Lake, Grand Traverse County. Business includes real estate, buildings, equipment and a Class C liquor license. Features include seating for 96 and an extra lot for ORV/Snowmobile parking. The ORV/Snowmobile trail leading into Fife Lake ends the parking area. Other features include three bathrooms, gas log fireplace, many recent updates including a new steel roof (2020) main bar cooler (2021) and bar stools and hightop tables (2021). This license also includes outdoor seating/serving with plenty of room to expand. Furnace, fryers and heating have been updated within the past five years. This business has been operated as a restaurant and bar since the 1930's with the same owner for the past 22 years.

Location

State MI

County Grand Traverse

Area Fife Lake Twp (28004)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Roof Type Metal

Building

Foundation Basement

Water Private Well

Structure Type Frame,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Commercial Loan,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by REMAX Bayshore - Union St TC
Bought with REMAX Bayshore - Union St TC

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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