$550,000
Sault Ste Marie, MI 49783
MLS# 15-1779
Status: Sold
7320 sqft

1 / 31
Property Description
Full service restaurant and lounge located near the Wal-Mart Supercenter. Seating for around 300 and parking for about 100 vehicles. This is the place to meet, eat, & drink in the Sault. Studebakers takes pride in their great buffet and full service menu. A great place to meet for breakfast, lunch, dinner, & group events. With 3 different seating areas, there is plenty of room to host a variety of events. Located between 2 hotels this is a nice spot in a high traffic location.
Details
Contract Information
For Sale or Rent: Sale
Current Price: $550,000
List Date: 2015-12-14
List Price: $550,000
Status: Sold
Property Information
Type: Commercial Income
Realtor.com Type: Commercial
Present Use: Restaurant
Possible Use: Restaurant
Building SqFt: 5001 - 7500
Age: 21 - 30
Lot Size: irregular
Waterfront: No
# Parking Spaces: 100
What's Included: Real Estate & Building
Duplicate: No
Total SqFt.: 7320
Location, Tax and Legal
Zoning: B-3 Gen Bus
School District: Sault Ste Marie
Special Assessment: Unknown
Homestead Y/N: No
Directions and Remarks
Directions: I-75 Business Spur next to Days Inn Motel. North of Walmart entrance on the East side of road.
Hot Sheet Comment: new
Book Msg 2: *** NEW LISTING ***
Basement
Slab: 1
Extras
Fire Alarm: 1
Furnished: 1
Handicap Access: 1
Highway Access: 1
High Traffic Locatn: 1
High Visibility: 1
Kitchen Area: 1
Lounge/Bar: 1
Restaurant: 1
Restroom: 1
Construction
Masonry: 1
Exterior Finish
Brick: 1
Heating
Forced Air: 1
Natural Gas: 1
Cooling
Central Air: 1
Documents on File
Business License: 1
Furn & Fix List: 1
Inventory: 1
Financials: 1
Liquor License: 1
Photographs: 1
Survey: 1
Tax Returns: 1
Water
Public: 1
Drive
Black Top: 1
Sewer
City: 1
Parking
25 Or More Spaces: 1
Paved: 1
Parking Lot: 1
Possession
At Closing: 1
Road Surface
Black Top: 1
Roof
Flat: 1
Rubber: 1
Terms
Cash: 1
Conventional: 1
Showing Instructions
Appt. Only: 1
Location Tax and Legal
Area: 12 - Sault Ste. Marie (East)
Unit #/St #/Space #: 3583
Street Name: I-75 BUSINESS
Street Suffix: SPUR
State: MI
Zip Code: 49783
County: CHIPPEWA
Tax ID: 051-717-001-00
Sold Info
Sold Date: 2016-06-30
Property Features
Basement: Slab
Construction: Masonry
Exterior Finish: Brick
Cooling: Central Air
Documents on File: Business License; Furn & Fix List; Financials; Inventory; Liquor License; Photographs; Survey; Tax Returns
Drive: Black Top
Extras: Fire Alarm; Furnished; Handicap Access; High Traffic Locatn; High Visibility; Highway Access; Kitchen Area; Lounge/Bar; Restaurant; Restroom
Heating: Forced Air; Natural Gas
Parking: 25 Or More Spaces; Paved; Parking Lot
Possession: At Closing
Road Surface: Black Top
Roof: Flat; Rubber
Water: Public
Showing Instructions: Appt. Only
Terms: Cash; Conventional
Listing Office: Smith & Company Real Estate
Listing Agent: FRED SMITH
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.