$499,000
Active

108 N Phelps Street

Decatur, MI 49045
Browse 23 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

TURN-KEY RESTAURANT- Here's a rare opportunity to take over one of SW Michigan's most iconic restaurants. After decades of service, the owner of Hardtime's Restaurant has decided to retire. Located in downtown Decatur, Hardtimes is known for it's cozy, nostalgic atmosphere, great food and always friendly service. They serve breakfast, lunch, and dinner & offer take out services as well as catering. Building is 4073sf, with accessible bathrooms, dining seats 200, newer heating & cooling. Kitchen/Equipment upgrades are too numerous to list- ask Listing Agent for a full list. Plenty of public parking from either front or back entrances. Enjoy repeat clientele built on years of tradition & quality.

  • Property Details
      • Acres0.1
  • Construction Details
      • Year Built1910
  • Community and Neighborhood Details
      • CountyVan Buren
  • Financial Details
      • Original List Price$599,000
      • Buying Agency Compensation2.50%
      • Days on Market (Cumulative)323
  • Other
      • MLS #M22020184
  • -
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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