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872 E Michigan Avenue

Marshall, MI 49068
  • $750,000
  • STATUS: Active
  • ON SITE: 132 Days
  • MLS #: 23001483
UPDATED: 66 min ago
$750,000
  • 0
    BEDS
  • 1.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 12,526
    SQFT
  • $60
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

School District:

Description

WHAT A UNIQUE INVESTMENT OPPORTUNITY! This 12,500 sq. ft. COMMERCIAL BUILDING located on one of the busiest streets in Marshall & close to I-94 is ready for a new owner! THE CEDAR CREST BANQUET CENTRE building is now for sale. Currently part of it is used as a banquet center. This is a perfect time for those ''long-awaited'' pandemic weddings, reunions & professional functions. Seating for 300 guests w/tables, chairs, linens, a BAR including 11' of cooler w/ 2 draft towers & 3 compartment sink, a COMMERCIAL KITCHEN & his & her bathrooms. Recently renovated with new lighting fixtures & flooring. There are 2 rentals in the building. The ''Star Fitness Center'' features a locker room, sauna, 2 bathrooms, tanning rooms & a basketball court. The ''in Balance Therapeutic Massage'' business is an rental. WHAT WOULD YOU DO WITH THE BUILDING? The building sits on 1.6 acres with parking for approx. 150 cars. It's a great location for any business. Also included in the sale is 3 unit apartment house providing extra income. THIS IS A GREAT OPPORTUNITY FOR A PERSON WITH AN ENTREPRENEURIAL SPIRIT! Asking $750,000

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© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-05-29T08:17:24.55.
www.c21choward.com/homes/136088579
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872 E Michigan Avenue Marshall, MI 49068

  • Price: $750,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 66 min ago
  • MLS #: 23001483
0
Beds
2
Baths
0
½ Baths
1.17
Acres
12,526
SQFT
$60
$/SQFT
Neighborhood:
Marshall City
County:
Calhoun
Area:
Marshall/Albion E.
School District:
Marshall
Property Description
WHAT A UNIQUE INVESTMENT OPPORTUNITY! This 12,500 sq. ft. COMMERCIAL BUILDING located on one of the busiest streets in Marshall & close to I-94 is ready for a new owner! THE CEDAR CREST BANQUET CENTRE building is now for sale. Currently part of it is used as a banquet center. This is a perfect time for those ''long-awaited'' pandemic weddings, reunions & professional functions. Seating for 300 guests w/tables, chairs, linens, a BAR including 11' of cooler w/ 2 draft towers & 3 compartment sink, a COMMERCIAL KITCHEN & his & her bathrooms. Recently renovated with new lighting fixtures & flooring. There are 2 rentals in the building. The ''Star Fitness Center'' features a locker room, sauna, 2 bathrooms, tanning rooms & a basketball court. The ''in Balance Therapeutic Massage'' business is an rental. WHAT WOULD YOU DO WITH THE BUILDING? The building sits on 1.6 acres with parking for approx. 150 cars. It's a great location for any business. Also included in the sale is 3 unit apartment house providing extra income. THIS IS A GREAT OPPORTUNITY FOR A PERSON WITH AN ENTREPRENEURIAL SPIRIT! Asking $750,000
Exterior Features

Construction Materials BrickBlockVinyl Siding Driveway Paved YN Yes Roof Rubber Waterfront YN No

Interior Features

Building Features Util Sep MtBarrier FreeBath Common AreaFiber Optic HwyMulti User FacilitySecurity System Cooling Central Air Cooling YN Yes Heating Natural GasForced Air Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Name Cedar Crest Banquet Business Type Professional ServiceBar/Tavern/LoungeRetailRecreation Cross Street Centennial Rd & Lincoln St Documents Available [] Inclusions "Real Estate": True"Licenses": True"Furniture": True"Equipment": True Lease Considered YN No Listing Terms ConventionalCash New Construction YN No Property Sub Type Business Tax Annual Amount 5344 Tax Year 2022 Tenant Pays ElectricityGasJanitorial ServiceSewerTrash CollectionWater Utilities Cable ConnectedPublic WaterPublic SewerBroadband Water Source Public Zoning Highway Svc Com

Listing provided courtesy of Carole Shapiro of Berkshire Hathaway Homeservices Michigan Real Estate: 269-789-0140. © 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-05-29T08:17:24.55.
 
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