685 N Port Crescent Street

Bad Axe, MI
$ 995,000 Beds 0 Baths 0 Sq 4,320
Monthly Estimate* How much can I afford?

THRIVING, PROFITABLE, FAMILY-OWNED PEPPERMILL RESTAURANT IN BAD AVE. MAIN DINING ROOM SEATS 108, PRIVATE BANQUET ROOM STONE FIREPLACE ADDED IN 2006 SEATS 40. EQUIPPED FOR LIVE ENTERTAINMENT, A/V IN BANQUET ROOM. MANY UPDATES IN 2019, INCLUDING PRIVATE PARKING SEALED AND STRIPED, COMPUTER SYSTEM, DISHWASHER, COMMERCIAL BACK DOOR. BOOTHS AND TABLES ARE SANDED AND SEALED EVERY TWO YEARS, NEW RUBBER ROOF 2 YEARS AGO, WAITRESS REFRIGERATOR 2 YEARS OLD AND CARPET JUST 3 YEARS OLD. TRULY A BUSINESS-OWNER'S DREAM INVESTMENT!

Commercial

  • Price
  • $ 995,000
  • Lot Size
  • 1.02 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,320
  • Full Bathrooms
  • 0
  • Year Built
  • 1973
  • Half Bathrooms
  • 0
  • City, Zip
  • Bad Axe
  • Taxes
  • $ 10484
  • County
  • HURON
  • Style
  • PEPPERMILL RESTAURANT/FAMILY RESTUARANT AND BAR
  • Area
  • Bad Axe
  • MLS#
  • 219116918
  • Zip
  • 48413
Listing Provided by:
Data Source:

Features

General

Business Type Service
Commercial Type Business Opportunity, Commercial
Construction Materials Block/Concrete/Masonry, Brick
Cumulative Days on Market 672
Current Use PEPPERMILL RESTAURANT/FAMILY RESTUARANT AND BAR
Gross Scheduled Income 310398.00
Heating Forced Air
Listing Agent Public Id 402906
Net Operating Income 51818.00
Operating Expense 258580.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 5162400300
Possession Negotiable
Property Type Commercial
School District Bad Axe
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 4320
Transaction Type Sale
Year Built 1973
Year Remodeled 2019
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Exterior Features Cabana
Foundation Materials Block, Brick
Frontage Feet 200
Lot Size Area 1.02
Lot Size Dimensions BUSINESS ONLY
Roof Material Rubber
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Burton, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/19/2019 Listed $995,000

Property vs Zip Code Average in 48413

Price
AVG $630K
$1,000K
Taxes
AVG $6,891
$10,484
Visits
AVG 64
68
Year Built
AVG 1973
1973
Walkscore
AVG 36
56
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

685 N Port Crescent Street Bad Axe, MI is a Single Family Home for sale at $995000 with 4320 sqft and a lot size of 1.02 Acres Acre(s). 685 N Port Crescent Street Bad Axe has 0 bedrooms, 0 baths and was built in 1973. The property's zip code is 48413 which is in Bad Axe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.