Skip To Content

317 Iron

Negaunee, MI 49866
  • $415,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 50080291
UPDATED: 29 min ago
$415,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,696
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1880
County:

School Ratings & Info

Description

Don't miss out on this once in a lifetime opportunity to carry on the legacy of a quarter of a century established, Negaunee landmark! Midtown Bakery & Cafe is an award-winning restaurant, bakery, and catering business with a large customer base. This listing is your chance to purchase ALL recipes, furniture and equipment necessary to own and operate your very own food service hot spot! BONUS, also included in the sale is a beautifully designed, executive apartment, perfect for an owner-occupied arrangement or additional residential rental income, located directly above the bakery! There is almost too much even to mention when it comes to this opportunity! The building has been well cared for over the years including new roofing, windows, doors, and siding. There is also a two car attached garage off the alleyway. Plenty of storage and laundry facilities in the basement give all the conveniences of a single-family home. The apartment has been tastefully designed with large, brightly lit spaces and maple hardwood floors throughout. The stately master suite features his and hers closets and a bathroom you'll never want to leave! The claw foot, deep soaking tub and slate-clad shower are amenities most only enjoy while on vacation. Downtown location puts you close to the Iron Ore Heritage and RAMBA bike trails, OldTown Park and all the other shopping and entertainment on Iron St! Take steps to make your dream of self-employment become a reality today!

Monthly Payment Calculator



©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-12-09T13:52:20.083.
www.therisingteam.com/homes/130313386
Print Image

317 Iron Negaunee, MI 49866

  • Price: $415,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 29 min ago
  • MLS #: 50080291
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,696
SQFT
$112
$/SQFT
1880
Built
Neighborhood:
Iron
County:
Marquette
Area:
Negaunee (52021)
Property Description
Don't miss out on this once in a lifetime opportunity to carry on the legacy of a quarter of a century established, Negaunee landmark! Midtown Bakery & Cafe is an award-winning restaurant, bakery, and catering business with a large customer base. This listing is your chance to purchase ALL recipes, furniture and equipment necessary to own and operate your very own food service hot spot! BONUS, also included in the sale is a beautifully designed, executive apartment, perfect for an owner-occupied arrangement or additional residential rental income, located directly above the bakery! There is almost too much even to mention when it comes to this opportunity! The building has been well cared for over the years including new roofing, windows, doors, and siding. There is also a two car attached garage off the alleyway. Plenty of storage and laundry facilities in the basement give all the conveniences of a single-family home. The apartment has been tastefully designed with large, brightly lit spaces and maple hardwood floors throughout. The stately master suite features his and hers closets and a bathroom you'll never want to leave! The claw foot, deep soaking tub and slate-clad shower are amenities most only enjoy while on vacation. Downtown location puts you close to the Iron Ore Heritage and RAMBA bike trails, OldTown Park and all the other shopping and entertainment on Iron St! Take steps to make your dream of self-employment become a reality today!
Exterior Features

Exterior Construction Rough Sawn Foundation Type Basement Frontage 40 Location Bus Service Near SiteMain Street Lot Description Downtown Dev Authority Lot Size 40X90 Roads Paved Street Roofing Metal Waterfront YN No

Interior Features

Basement YN Yes Commercial Ceiling Height Less Than 16 Ft. Commercial Features AlleyDisplay WindowFurnitureLiving Quarters AttachedPublic RestroomsTelephoneTile FloorsVinyl/Laminate FloorsWood Floors Cooling System Ceiling Fan(S) Fuel Type Natural Gas Heating System Boiler Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Business Name Midtown Bakery & Cafe Business Type BakeriesFood ServiceRestaurant Commercial Type Business Environmental Condition YN No Financial Terms CashCommercial Loan Lease YN No License Available YN No Municipality Negaunee Ownership Private Sale Includes Business And Real Estate Sewer Septic Public Sanitary Sq Ft Source Assessors Data Subject To Short Sale Approval No Summer Tax Amount 480 Summer Tax Year 2021 Total Tax Amount 900 Total Tax Year 2021 Type 1 To 4 Units Water Public Water Winter Tax Amount 420 Winter Tax Year 2021 Zoning Commercial

Listing courtesy of Argall Real Estate Group : 906-250-2874.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-12-09T13:52:20.083.
 
https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_50080291-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_50080291-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_50080291-2.jpg
Logo
The Rising Team | RE/MAX Main Street Realty
105 E Maumee St.
Adrian MI, 49221