$1,300,000
$1,385,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
6,547 SqFt
SOLD DATE : 07/01/2024
Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,547 sqft
Price per Sqft $198
MLS Listing ID 78080017119
Sold Date 07/01/24
Originating Board Aspire North REALTORS®
Year Built 1995
Lot Size 2.010 Acres
Acres 2.01
Lot Dimensions 278x407x250x260x32x149
Property Description
The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. The Fresh Coast Market offers 200 Michigan Made products. Fresh Coast Market has significant opportunities to expand their exclusive food production capacities for salads, sandwiches and takeout. This offering is a sale/leaseback at a 10% CAP for the real estate only. The seller is offering the sale/leaseback on a 5-year lease with a 5-year Option. The Business and property combined is also available for $2,400,000.
Location
State MI
County Grand Traverse
Area Long Lake Twp
Zoning Commercial
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Utilities Available 3 Phase Power
Waterfront no
Roof Type Asphalt
Accessibility Disabled Access
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Frame,Stone,Wood
Schools
School District Traverse City
Others
Tax ID 0801102311
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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