17337 Caberfae Highway Wellston, MI ^$ 100,000

17337 Caberfae Highway

^$ 100,000

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17337 Caberfae Highway

Wellston, MI, 49689

^$ 100,000

Studio Baths0.0 Sq 2,530

Monthly Estimate*

^$ 699

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Studio

Commercial Property for sale in Wellston, MI

for $100,000. This 2,530 square foot building was built in 1950 on a lot size of 1.5.

This business has been a thriving Restaurant location in the Heart of the Manistee National Forest for 60+ plus years. Situated on 284' of busy M-55 frontage between Manistee and Cadillac on 1.48 acres +/- offering plenty of room for expansion. The restaurant is currently closed ( 8/2021) due to the last occupant retiring after 8 phenomenal years in business. Sale includes all inventory, cooking equipment ( Pizza ovens, 2 griddles, 6 burner cooktop and oven, deep fryers, warmers, coffee pot, etc. ) tables , chairs and booths. A bonus is the 1 bedroom attached rental. Use it for yourself or its current use, additional income. A Great Opportunity in high demand for this area at an affordable price!

Commercial Active

Price

^$ 100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,805

Style

Business

Lot Size

1.5

Year Built

1950

Town/City

Wellston

County/Region

Manistee

MLS | Web ID

70397527

Features

General

Heating Forced Air

Roof Composite

Status Active Active

Year Built 1950

County Manistee

Class COM/IND/BUS OPP

Type Business

Municipality Norman Twp

Subdivision MI

Commercial Features Cable TV Available Electric Available Furniture Telephone

Area Norman Twp (51010)

Primary City Wellston

Directions M55 IN WELLSTON BETWEEN SEAMAN AND BAKER RD ON THE SOUTH SIDE

City Wellston

Street Name Caberfae

Financial Terms Cash Conventional

Legal Description PT OF SE 1/4 SW 1/4 COM 300 FT E OF SW COR E 290FT N TO M55 W ALG HWY 290 FT S TO POB. 1.48 A*M/L SEC 12 T21N R14W

DOM 46

Postal Code 49689

Price Per Sq Ft 39.53

Coming Soon

Exterior

Exterior Frame Vinyl Siding Wood

Frontage 284

Lot Size Area 1.5

Lot Dimensions 248x217

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type LP/Propane Gas

* Excluded Features

List By

Steve Bussell

Listing Agent

Realty North, Llc

Broker

sbussell33@gmail.com

Affordability Calculator

$1,016

Per Month

Monthly Principal & Interest: $699
Monthly Property Taxes: $317
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wellston, MI

Average List Price ^$653,800

Percent of Sale Price 554%

About Wellston, MI

283 Population

-4% Since 2002

^$35,786 Median Income

55.12 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/30/2024	$100,000		Listed Price

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17337 Caberfae Highway, Wellston, MI, 49689 is a Commercial Property for sale at $100,000 with 2,530 sqft and a lot size of 1.5. 17337 Caberfae Highway is a studio with 0.0 baths and was built in 1950. The property's zip code is 49689 which is in Wellston, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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17337 Caberfae Highway

Commercial Property for sale in Wellston, MI

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