851 S Garfield Avenue, Traverse City, MI 49686

Description

Have you always dreamed about opening your own restaurant with a banquet space? Or are you a current restaurant owner who is looking to expand your current location or add an additional location? This property is located in a bustling strip mall complex, close to the airport, sports venues, solid year-round residential customers high and traffic within the complex seeing an average 21,000 cars passing by every day. It boasts over 5,100 square feet of space, making it perfect for large events or busy crowds. Inside, you'll find a fully equipped kitchen ready for you to cook up a storm using all the kitchen equipment that comes with the sale of the building. Plus, all the booths, tables, and chairs are included as well. But the real highlight? The class C liquor license that allows you to serve all your favorite drinks alongside your delicious meals. With a capacity of 190 people, divided into four main areas: the bar area, main restaurant area, brand-new patio, and a spacious banquet room. This potential banquet room is 22'x51' and is divisible with a curtain and can accommodate business and personal gatherings of 20-100 people, making it a great source of additional income. Outside, the brand-new patio seating area is the perfect spot for your customers to soak up some sun and enjoying the fresh summer air while they savor your delicious cooking and sip on a refreshing cold drink. The business elements (liquor license, kitchen equipment and furniture) are valued at $275,000. The real estate is valued at $900,000.