4904 Elizabeth Lake

    Waterford Twp, MI 48327
    • $1,400,000
    • STATUS: Active
    • ON SITE: 189 days
    • ID#: 218031317
    UPDATED: 66 min ago
    $1,400,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,627
      SQFT
    • $386
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Zoning: Commercial
    Lot Size Dimensions: Irregular

    School Ratings & Info

    School District:

    Description

    HIGH VOLUME CASH FLOW BUSINESS INCLUDING REAL ESTATE WITH LOTTERY, LIQUOR AND FOOD. A FAVORITE NIGHT SPOT FOR MUSIC AND ENTERTAINMENT EVERY WEEKEND. NEARLY 3/4 ACRE OF PROPERTY AND 93 FT OF LAKE FRONTAGE ON CRESCENT LAKE OFFER ROOM FOR ADDITIONAL POSSIBILITIES. NEARLY 3/4 ACRE OF PROPERTY AND ADDITIONAL PARKING AVAILABLE ON ADJACENT LEASED PROPERTY. PROJECTED REVENUES FOR 2018 EXCEED 750K. GREAT TURN KEY BUSINESS OPPORTUNITY. INCOME AND EXPENSE FIGURES BASED ON CURRENT EXPENSES AND PROJECTED REVENUE. PROPERTY INCLUDES 4 PARCELS: 13-27-109-005; 13-27-109-004; 13-27-106-005; 13-27-106-006.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-10-23T09:57:31.87.
    www.detroitmetrorealestate.com/homes/82633478

    4904 Elizabeth Lake Waterford Twp, MI 48327

    • Price: $1,400,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 218031317
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    3,627
    SQFT
    $386
    $/SQFT
    1971
    Built
    Neighborhood:
    Crescent Lake Highlands
    County:
    Oakland
    Area:
    Waterford Twp
    School District:
    WATERFORD
    Property Description
    HIGH VOLUME CASH FLOW BUSINESS INCLUDING REAL ESTATE WITH LOTTERY, LIQUOR AND FOOD. A FAVORITE NIGHT SPOT FOR MUSIC AND ENTERTAINMENT EVERY WEEKEND. NEARLY 3/4 ACRE OF PROPERTY AND 93 FT OF LAKE FRONTAGE ON CRESCENT LAKE OFFER ROOM FOR ADDITIONAL POSSIBILITIES. NEARLY 3/4 ACRE OF PROPERTY AND ADDITIONAL PARKING AVAILABLE ON ADJACENT LEASED PROPERTY. PROJECTED REVENUES FOR 2018 EXCEED 750K. GREAT TURN KEY BUSINESS OPPORTUNITY. INCOME AND EXPENSE FIGURES BASED ON CURRENT EXPENSES AND PROJECTED REVENUE. PROPERTY INCLUDES 4 PARCELS: 13-27-109-005; 13-27-109-004; 13-27-106-005; 13-27-106-006.
    Exterior Features

    Airport YN Yes Architecture Level 1 Story Commercial Exterior Features Outside LightingSatellite Dish Construction Materials BrickVinylWood Distance To Airport 5 Foundation Details Slab Foundation Materials Brick Interstate YN No Lot Size Dimensions Irregular Railroad YN No Road Frontage Feet 150 Road Frontage Type Paved Roof Material Rubber Water Frontage Feet 93.00 Waterfront Description Water Front Waterfront Name Crescent Lake Waterfront YN Yes Waterway YN No

    Interior Features

    Commercial Utilities 220V AvailableCable TvFire SprinklerSecurity Alarm Heating Cooling Packaged Heat/Cool Heating Fuel Natural Gas Room Count 0 Sq Ft Main 3627 Sq Ft Office 0 Sq Ft Source Prd Water Heater Fuel Natural Gas

    Property Features

    Buildings List Shed Business Licenses Beer & WineLiquorLotteryLotto Terminal Business Type Retail Commercial Type Business And Real Estate Current Use Bar Resturant Encroachment YN Yes Exclusions YN No Gross Scheduled Income 770000.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 64150 Net Operating Income 239530.00 Operating Expense 530470.00 Ownership Status Private OwnedShort Sale - No Possession Tbd/Asap Postal City Waterford Township Protection Period 180 Settlement Township Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 7660.0000 Tax Amount Winter 2328.0000 Title Private - Owned Total Tax 9988.0000 Unparsed Address 4904 ELIZABETH LAKE Water Source Municipal Water Year Remodeled 2002 Zone Conform YN Yes Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Kw Showcase Realty and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-10-23T09:57:31.87.
     
    RE/MAX Classic
    29630 Orchard Lake
    Farmington Hills MI, 48334