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429 Elizabeth Lake Road

Pontiac, MI 48341
  • $648,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: 20230105224
UPDATED: 28 min ago
$648,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,163
    SQFT
  • $300
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
106x97

School Ratings & Info

School District:

Description

**LAND CONTRACT AVAILABLE** Welcome to this fantastic opportunity to own a thriving family dining restaurant strategically located near the Oakland County Government offices and the Friend of The Court, making it a bustling hub for the local community. Situated amidst thousands of residential homes, this restaurant enjoys steady foot traffic and loyal patronage.This turnkey establishment offers a Class C liquor license. The interior has been beautifully remodeled, featuring an inviting ambiance and an enclosed all-season front porch, allowing guests to dine comfortably year-round. Equipped with ADA-accessible bathrooms and adorned with granite counters and tables, this restaurant exudes both elegance and functionality. The ample seating arrangement provides versatility for various dining experiences, accommodating families, groups, and individuals alike.The heart of this establishment lies in its fully equipped kitchen, allowing chefs to create culinary delights and cater to diverse tastes. Whether it's a full-service dining experience or a quick grab-and-go meal, this kitchen is primed for efficiency and excellence.This opportunity offers a perfect blend of location, ambiance, and functionality, providing a solid foundation for continued success. Take the reins and continue its legacy of culinary excellence and community engagement.

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IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group 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: 2024-02-29T17:02:39.83.
www.alanbrowngroup.com/homes/146454236
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429 Elizabeth Lake Road Pontiac, MI 48341

  • Price: $648,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 28 min ago
  • ID#: 20230105224
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2,163
SQFT
$300
$/SQFT
1962
Built
Neighborhood:
Indian Village
County:
Oakland
Area:
Pontiac
School District:
PONTIAC
Property Description
**LAND CONTRACT AVAILABLE** Welcome to this fantastic opportunity to own a thriving family dining restaurant strategically located near the Oakland County Government offices and the Friend of The Court, making it a bustling hub for the local community. Situated amidst thousands of residential homes, this restaurant enjoys steady foot traffic and loyal patronage.This turnkey establishment offers a Class C liquor license. The interior has been beautifully remodeled, featuring an inviting ambiance and an enclosed all-season front porch, allowing guests to dine comfortably year-round. Equipped with ADA-accessible bathrooms and adorned with granite counters and tables, this restaurant exudes both elegance and functionality. The ample seating arrangement provides versatility for various dining experiences, accommodating families, groups, and individuals alike.The heart of this establishment lies in its fully equipped kitchen, allowing chefs to create culinary delights and cater to diverse tastes. Whether it's a full-service dining experience or a quick grab-and-go meal, this kitchen is primed for efficiency and excellence.This opportunity offers a perfect blend of location, ambiance, and functionality, providing a solid foundation for continued success. Take the reins and continue its legacy of culinary excellence and community engagement.
Exterior Features

Architecture Level 1 Story Construction Materials StoneWood Foundation Details Slab Lot Size Dimensions 106x97 Road Frontage Feet 106 Road Frontage Type Class A Roof Material Asphalt Waterfront YN No

Interior Features

Building Area Source Measured Commercial Utilities 220V AvailableCircuit Breakers Heating Cooling Forced Air Heating Fuel Natural Gas Office Heating Cooling Central AirForced Air Sq Ft Main 2663 Sq Ft Office 60 Water Heater Fuel Natural Gas

Property Features

Accessibility Features Accessible BedroomAccessible Common AreaAccessible DoorsAccessible Entrance Assessment 514.00 Business Licenses Liquor Business Type ServiceRetail Commercial Type Business And Real Estate Deposit Amount 162500.00 Existing Lease YN No Gross Scheduled Income 1.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 7.5 Land Payment 4443 Land Terms 60 Listing Financing CashContractConventionalOwner May Carry(Purchase Money Mortgage)Warranty Deed Monthly Sales 1 Net Operating Income 1.00 Operating Expense 1.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 0 Possession Negotiable Postal City Pontiac Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 4309.0000 Tax Amount Winter 658.0000 Title Standard (Private) Total Tax 4967.0000 Unparsed Address 429 ELIZABETH LAKE Road Water Source Public (Municipal) Year Remodeled 2023 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Score Realty LLC: (586) 275-6288 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group 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: 2024-02-29T17:02:39.83.
 
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Alan Brown Group
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