FOR SALE RESTAURANT LOUNGE $499,000
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- Kerry Johns
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1 FOR SALE RESTAURANT LOUNGE MILE ROAD ROCKFORD, MI $499, This recently remodeled restaurant is located in Algoma Township and consists of 8,982 SF plus 2,24 SF of basement storage. Building consists of brick veneer, asphalt front roof with rubberized membrane covered flat roof. Large amount of equipment, furnitures, and fixtures are included in this listing. Class C with SDM license included in sale. US Mile Road Northland Drive 8,982 SF Total Main Floor Area 2.4 Acres C-2 General Business Zoning PPN # Algoma Township, Kent County AV (214) $25,4 & TV (214) $25,4 213 Property Taxes $7, Summer / $4, Winter Full Commercial Kitchen, Walk-In Cooler Daniel J. Yeomans, President, MBA, CCIM dyeomans@amicusmanagement.com Kent Carpenter kcarpenter@amicusmanagement.com Amicus Management, Inc 977 Ada Place Dr. SE Grand Rapids, MI (616) * ATTENTION: Please be advised that this property is subject to a court appointed receivership and all sales are contingent upon Court approval. Cooperating brokerage fees will only be paid to brokers who represent a client that closes on the transaction. A full price offer does not entitle a cooperating broker to a commission unless its client is the party approved by the Court and closes on the transaction. All information provided is deemed reliable but is not guaranteed and should be independently verified.
2 EXTERIOR PHOTOS
3 AERIAL PHOTOS
4 AERIAL PHOTOS
5 INTERIOR PHOTOS
6 AERIAL PHOTOS
7 INTERIOR PHOTOS
8 EQUIPMENT LIST Mile Road, Rockford, MI Picture # Quantity Description Location inch black bar stool East Stage Room inch black round bar stool East Stage Room x3 round wood top bar table East Stage Room x6 rectangular wood top table East Stage Room x48 rectangular wood top table East Stage Room inch LG Flat screen TV East Stage Room 7 1 3x48 rectangular wood top table East Bar Room x36 square wood top table East Bar Room x31 small rectangular wood top table East Bar Room x48 booth chairs East Bar Room inch LG Flat screen TV East Bar Room 12 2 Child Booster Seats East Bar Room 13 1 Hostess Stand East Bar Room 14 2 Cornelius Beverage Dispenser East Bar 15 6 Cable Tevlevision control boxes East Bar 16 1 GDM Tin Coke Cooler East Bar 17 2 Cornelius Model #: 2123 IT9CR19DPGE Sink System Serial #: 74A1342KB166 East Bar 18 1 Crowne Model #: 1863C Serial #: Sink System East Bar 19 - misc. bar glasses East Bar 2 - misc. bar glasses East Bar 21 - misc. bar glasses East Bar 22 - misc. bar glasses East Bar 23 1 Hamilton Beach Blender East Bar 24 3 Micros 37 POS Register System East Bar Inch LG Flat Screen TV East Bar 26 9 Portable Tray Holders Kitchen 27 1 Stainless Steal Dishwashing System Kitchen 28 1 Dishwashing System Kitchen 29 1 Misc. Rack of Stainless Steal Containers Kitchen 3 1 Rack of Kitchen Essentials Kitchen 31 1 Stainless Steal Food Prep. Table Kitchen 32 2 Masterbuilt 9542 Walk in Coolers Kitchen 33 1 True Freezer Kitchen 34 1 Blodgett Oven Kitchen Inch Superior Food Prep. Cooler Kitchen Inch Superior Food Prep. Cooler Kitchen 37 1 Rack Of Misc. Dishes Kitchen 38 1 Wittco. Bread Warmer Kitchen 39 1 Volcan Oven Kitchen 4 1 Star Ultra Max Hot Plate Kitchen 41 1 Ultra Max Grill Kitchen 42 3 Pitco Deep Fryer Kitchen 43 1 Frialator Kitchen 44 1 Sturdy-Bilt Hood w/ Supression Sytem Kitchen 45 1 Misc. Dry Hood Racks Kitchen 46 1 Flojet Dispenser Serial #: CMN Kitchen 47 1 Stainless Steel Dispenser System Kitchen 48 1 TRU Cooler Kitchen 49 1 Employee Locker System Kitchen 5 1 HP 16 Camera Security System Kitchen 51 1 AMSEC Safe Office 52 1 Sign Lettering System Basement 53 1 XACTEN-2 Nitrogen System Basement 54 1 Misc. Boxes of Libbey Glasses Basement 55 1 K-WAY Model BCA-5A Refrigeration System Basement 56 1 Volrath Four Section Buffet Heater Basement Inch High Back Table Chairs East Bar Room
9 DEMOGRAPHICS
10 DEMOGRAPHICS Trends Annual Rate (in percent) Area State USA Population Households Families Owner HHs Median HH Income Population by Age Percent Household Income $35K - $49K 11.6% $25K - $34K 14.7% $15K - $24K 9.5% 213 Population by Race $5K - $74K 11.6% <$15K 7.2% $2K+ 1.2% $15K - $199K 4.9% Percent $75K - $99K 15.9% $1K - $149K 23.4% 1 White Black Am. Ind. Asian Pacific Other Two+
11 DEMOGRAPHICS
12 DEMOGRAPHICS Trends Annual Rate (in percent) Area State USA Population Households Families Owner HHs Median HH Income Population by Age Percent Household Income 213 Population by Race $35K - $49K 13.% $25K - $34K 11.4% $15K - $24K 9.5% $5K - $74K 15.5% <$15K 6.9% $2K+ 2.1% Percent $15K - $199K 4.7% 3 2 $75K - $99K 17.3% $1K - $149K 19.6% 1 White Black Am. Ind. Asian Pacific Other Two+
13 DEMOGRAPHICS
14 DEMOGRAPHICS Trends Annual Rate (in percent) Area State USA Population Households Families Owner HHs Median HH Income Population by Age Percent Household Income 213 Population by Race $35K - $49K 13.7% $25K - $34K 1.2% $15K - $24K 9.5% <$15K 9.% 6 $5K - $74K 17.8% $2K+ 2.7% Percent 5 4 $15K - $199K 4.1% 3 2 $75K - $99K 16.9% $1K - $149K 16.% 1 White Black Am. Ind. Asian Pacific Other Two+
15 TRAFFIC COUNTS
16 THE AMICUS PROCESS Market Reach All of our listings are populated to all of these websites for maximum internet exposure. The websites, in turn, produce many opportunities to be found by various search engines based on keywords distinctly featuring your property. Many details are gathered on a lease or purchase opportunity before ever calling the agent representing the property. 16
17 THE AMICUS PROCESS Marketing Research 17
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