219 E Grand River Avenue

East Lansing, MI 48823 / College Grove

MLS ID# 280420 Active
Business Opportunity

$99,500

0.02 acres


Description

For Sale!-Profitable business opportunity in downtown East Lansing directly across from Michigan State University. Capo's Hoagies Cheesesteaks & Grill is a turnkey fully equipped private brand restaurant.If your looking to be a part of the bus... show more
  • Street # 219
  • Street Direction E
  • Street Name Grand River
  • Suffix Avenue
  • City East Lansing
  • State MI
  • Zip Code 48823
  • Zip +4 4323
  • Entry Location Front Door
  • School District East Lansing
  • Key LA
  • TownshipTax Authority East Lansing City
  • County Ingham
  • Subdivision College Grove
  • Owner Phone C/O KW
  • Legal E 5.7 FT OF W 9 FT & E'LY 16.57 FT OF W'LY 25.57 FT OF S'LY 63 FT OF LOT 13 EXC S 3 FT THEREOF COLLEGE GROVE
  • Directions Directly across from MSU Campus on E Grand River East of Abbot Rd at Mac Avenue

General Property Info

  • Property Sub-Type Business Opportunity
  • Building 1 Description Retail
  • Year Built 1937
  • Foundation Size 2672
  • Above Grade Finished Area 1338
  • Living Area Source Assessor
  • Baths 1
  • SqFt - Retail 1338
  • Stories 1
  • Parking Total 3
  • Load Dock No
  • OH Door No
  • Elevator No
  • RR Siding No
  • Sprinkler No
  • Frontage Length 22
  • Lot Size Dimensions 22 x 60
  • Lot Acres 0.02
  • ECO Friendly Features Yes
  • Cross Street Mac
  • Overall Building Size 1338
  • Elementary School District East Lansing
  • Waterfront No

Tax Info

  • State Eq Value 85000
  • Eq Year 2024
  • Taxes 6100
  • Tax Year 2023
  • Parcel # 33-20-02-18-163-013
  • Taxable Value 81850
  • Taxable Value Year 2024
  • Zoning Commercial
  • Additional Parcels No

Compensation Info

  • Buyer Agency Compensation 3.00%
  • Sub Agency Compensation $0.00

Details

  • Current Use

    Restaurant
  • Business Opp Info

    Name of Business:Capo's, Employees:10, No Real Estate Included?, Years Operated:3, Utilities Paid By:Tenant, Records Available
  • Security Features

    Closed Circuit Camera(s), Security System Owned
  • Misc Business Info

    # Parking:20, Construction Type:Block, Overall Building Size:1338, Parking Surface:Asphalt/Public, Roof Type:Flat, Zoning:Commercial
  • Appliances

    Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Free-Standing Freezer, Freezer, Ice Maker, Range Hood, Refrigerator, Vented Exhaust Fan
  • Flooring

    Laminate
  • Laundry Features

    None
  • Lot Features

    City Lot, Near Public Transit, Zero Lot Line
  • Other Equipment

    List Available
  • Other Structures

    None
  • Basement

    Full
  • Foundation Details

    Block
  • Exterior

    Block
  • Green Energy Efficient

    HVAC
  • Parking Features

    Additional Parking, Community Structure, Parking Lot
  • Electric

    200+ Amp Service
  • Fencing

    None
  • Pool Features

    None
  • Water Source

    Public
  • Sewer

    Public Sewer
  • Roof

    Flat
  • Road Frontage Type

    City Street
  • Road Surface Type

    Asphalt
  • Heating

    Forced Air, Natural Gas
  • Cooling

    Central Air
  • Utilities

    Electricity Connected, High Speed Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Land & Acreage

    Up to 1/4 Acre
  • Community Features

    Curbs, Street Lights
  • Architectural Style

    Traditional
  • Levels

    One
  • Accessibility Features

    Accessible Entrance, Visitable
  • Terms

    Cash
  • Showing Requirements

    Appointment Only, Call Listing Agent, No Lockbox, No Sign, Occupied, Restricted Hours, SentriKey
  • Showing Days

    Monday
  • Showing Details

    Showing Advance Notice:24, Showing Attended
  • Disclosures

    None


This listing was last updated on 2024-05-08T19:24:14Z

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.