101 N Robinson Street

Perrinton, MI 48871 / None

MLS ID# 257151 Active
Commercial Sale

$174,900



Description

Fantastic opportunity to own a turn-key restaurant and bar located just off M-57 in Perrinton MI, known as the Rainbow Inn. This property is very near to the bustling community of Rainbow Lake and there is very limited competition in the area. Built... show more

Contract Info

  • Status Active
  • Street # 101
  • Street Direction N
  • Street Name Robinson
  • Suffix Street
  • City Perrinton
  • State MI
  • Zip Code 48871
  • Zip +4 5170
  • School District Fulton
  • Key CMBO
  • TownshipTax Authority Fulton Twp
  • County Gratiot
  • Subdivision None
  • Legal VILLAGE OF PERRINTON, GRATIOT COUNTY. LOT 7-12 INC.
  • Directions M57 North on Luce/Robinson. Property is on the left before the railroad tracks.

General Property Info

  • Property Sub-Type Commercial Sale
  • Building 1 Description Restaurant
  • Building 2 Description Bar
  • # of Units 1
  • Year Built 1979
  • Foundation Size 3500
  • Above Grade Finished Area 3500
  • Baths 2
  • Lavs 2
  • SqFt - Office 100
  • Stories 1
  • Parking Total 30
  • Lot Size Dimensions 120x130
  • Lot Acres 0.36
  • Overall Building Size 3500

Tax Info

  • State Eq Value 73600
  • Taxes 1105.62
  • Tax Year 2019
  • Parcel # 29-43-100-011-00
  • Taxable Value 73600
  • Zoning Commercial

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Current Use

    Bar/Tavern , Restaurant
  • Income & Expenses

    Utilities 1500 , Janitorial 720 , Tax Expense 1104 , Amount 1 Expense 6500 , Item 2 Expense 1200 , Amount 2 Expense 2700
  • Misc Business Info

    Construction Type Brick , Overall Building Size 3500 , Parking Surface Gravel , Roof Type Shingle

    Zoning

    Commercial
  • Appliances

    Microwave , Range , Refrigerator
  • Laundry Features

    None
  • Basement

    No Basement
  • Foundation Details

    Slab
  • Exterior

    Brick
  • Parking Features

    Gravel
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Heating

    Forced Air , Natural Gas
  • Cooling

    Window Unit(s)
  • Land & Acreage

    1/4+ thru 1/2 Acre
  • Architectural Style

    Contemporary
  • Levels

    One
  • Terms

    Cash , Conventional


This listing was last updated on 2021-07-02T18:46:49Z