$999,999
Active

601 Burnell Road

Riley, MI 48041
4.60 acres | #R20221037761
Browse 45 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Mr Z's Palace continues to be a thriving business and a true gem that has been family owned for almost 50 years that has made this a well known local favorite destination. Tons of love has been put into this turnkey business opportunity! A superior restaurant with 4200 sq ft, and a full commercial kitchen with all commercial grade appliances, large dining/eating area, and a spacious lucrative bar area. Sits on almost 5 acres with an outdoor fenced in entertaining area, for all your outdoor sports events. Many updates both inside and outside resulting in a very well maintained property. The legacy of amazing food over the years & camaraderie has made Mr Z's the spot for both locals and out of towners place to go.

  • Property Details
      • MLS #R20221037761
      • MLS #R20221037761
      • Original List Price$1,000,000
      • Property SubtypeCommercial
      • CountySt. Clair
      • Cost999999
      • Year Built9999
      • Buying Agency Compensation2.5%
      • Acres4.6
      • Days on Market (Cumulative)220
      • Days On Market220
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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.

Estimated Monthly Payment
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Loan Amount
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