2866 Rhodes Road Rhodes, MI ^$ 199,500

2866 Rhodes Road

^$ 199,500

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2866 Rhodes Road

Rhodes, MI, 48652

^$ 199,500

Studio Baths0.0 Sq 1,605

Monthly Estimate*

^$ 1,326

2866 Rhodes Road, Rhodes, MI 48652 - Image 1

2866 Rhodes Road, Rhodes, MI 48652 - Image 2

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Studio

Commercial Property for sale in Rhodes, MI

for $199,500. This 1,605 square foot building was built on a lot size of 0.24.

Profitable established restaurant in Rhodes. Owner is ready to retire after many years of owning and operating the business. Plenty of room to grow income through increasing liquor sales. Sale includes class C liquor license, all kitchen equipment, pizza ovens, tables, chairs, fixtures, 4 parcels 020-040-019-009-00, 020-040-019-010-00. 020-001-300-007-01, and 020-040-019-006-00. Parcel 020-040-019-006-00 has a rental house with a month to month tenant.

Commercial Active

Price

^$ 199,500

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.24

Town/City

Rhodes

County/Region

Gladwin

MLS | Web ID

50127270

Features

General

Water Private Well

Status Active Active

County Gladwin

Class COM/IND/BUS OPP

Type Business

Percent Ownership Private

Municipality Gladwin

Subdivision MI

Commercial Features 110 Volt Power

Area Gladwin (26017)

Primary City Rhodes

City Rhodes

Street Name Rhodes

Financial Terms Cash Commercial Loan Conventional

Legal Description 17 2E C VILLAGE OF RHODES N 50 FT OF LOTS 6-7 BLK 19

DOM 203

Postal Code 48652

Price Per Sq Ft Total 124.3

Coming Soon

Exterior

Lot Size Area 0.24

Lot Dimensions .239

Waterfront Y/N No

* Excluded Features

List By

Paul Burback

Listing Agent

The Miller Group

Broker

pburba01@gmail.com

Affordability Calculator

$1,326

Per Month

Monthly Principal & Interest: $1,326
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 Rhodes, MI

Average List Price ^$156,433

Percent of Sale Price 22%

About Rhodes, MI

1,443 Population

-5% Since 2002

^$47,619 Median Income

48.1 Median Age

20% 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

Pricing History

Date	Price	Price Change	Description
11/9/2023	$199,500		Listed Price

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2866 Rhodes Road, Rhodes, MI, 48652 is a Commercial Property for sale at $199,500 with 1,605 sqft and a lot size of 0.24. 2866 Rhodes Road is a studio with 0.0 baths. The property's zip code is 48652 which is in Rhodes, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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2866 Rhodes Road

Commercial Property for sale in Rhodes, MI

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