Catylist ID:
#30842223
Pinckney Restaurant for Sale
Retail-Commercial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: | 30842223 |
| Property Subtypes: | Restaurant, Street Retail |
| Building Size (RSF): | 3,458 SF |
| Gross Land Area: | 0.08 Acres |
| Sale Price: | $750,000 |
| Unit Price: | $216.89 PSF |
| Ceiling: | 12 ft. |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Fondness Sushi Bar Hibachi Grill and Asian Fusion |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/2/2023 |
Overview / Comments
|
Fondness Sushi Bar Hibachi Grill and Asian Fusion restaurant for sale. Great location at Main (M-36) and Howell Street corner. Downtown across from Town Square Park and the Youth Hub Center. Free municipal parking just south of the property with 50+ spaces and street parking in every direction. Recently renovated restaurant with great outdoor patio and sidewalk seating. New improvements include new sushi bar, new walk-in freezer, updated walk-in refrigerator, mostly new kitchen equipment, and emergency lighting. Bathrooms are newly renovated, updated roof, new plumbing in areas, and updated office area. Sale Price includes Equipment, Furniture, Fixtures, Contents, Real Estate and Liquor License. Combined value exceeds list price. Purchaser must apply for Liquor License transfer with State of Michigan, on their own and at their own expense, and be approved. |
Attachments & Media
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Livingston |
| Submarket/Township: | Howell/Brighton Area |
| Taxing Authority: | Village of Pinckney |
| Tax ID/APN: | 4714-22-404-055 |
| Zoning: | CBD (CENTRAL BUSINESS DISTRICT) |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: | M-36 and Livingston |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Main Street |
| Feet of Frontage: | 60 |
| Highway Access: | I-96, US-23 |
| Airports: | DTW, Ann Arbor |
| Area Description: | The Village of Pinckney, the ‘Gateway to Play”, is located in Putnam Township in southern Livingston County. It is noted for its biking, boating, horseback riding and other recreational opportunities. Pinckney’s nature trails, lakes, equine activities, community events and holiday celebrations make for an active community that cares about their surroundings. Residents could easily live their lives in the hustle and bustle of the nearby cities of Ann Arbor and Lansing, but they choose to take pride in the Village’s relaxed lifestyle and preserve its peaceful, family friendly atmosphere. Downtown Pinckney is the center of it all. The Village of Pinckney was recently recognized as the 19th community in the state of Michigan to become a ‘Redevelopment Ready Community’ by the Michigan Economic Development Corporation (MEDC). The MEDC program assists municipalities in establishing a foundation for redevelopment and investment to occur in their region. Regular commuters along M-36 have found Pinckney to be the ideal rest stop, where they can pick up fresh baked goods, enjoy a fine meal and take part in community events. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2010 |
| Year Renovated: | 2021 |
| Roof Type: | Flat |
| Construction/Siding: | Block, Brick |
| Parking Type: | Surface |
| Parking Description: | Street parking in every direction and large municipal lot directly south of property. |
| Sprinklers: | Dry |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable, DSL, Satellite, T1/T3 |
| Zoning Description: | CENTRAL BUSINESS DISTRICT § 152.160 PURPOSE. (A) The purpose of the Central Business District (CBD) is to encourage shopping, business, civic and related activities along Main Street in the village center. (B) The district is designed to protect the existing character of this area, and create a suitable and safe environment for compatible and sustainable commercial uses. (C) It is further intended to promote commercial establishments that provide economic diversity and stability and prohibit conflicting uses that detract from the CBDs intended function as a vibrant economic and social village focal point. (Ord. 37, passed 8-28-2005) § 152.161 PERMITTED USES. (A) Upper floor dwelling units, provided adjacent nonresidential uses, have a separate entrance and sanitary facilities. (B) Retail stores and retail food stores with not more than 5,000 square feet of floor area. (C) Laundromats and dry cleaners (does not include dry cleaning plants). (D) Restaurants, standard. (E) Financial institutions with up to three drive-through facilities. (F) Convenience stores. (G) Business offices, professional offices, medical or dental offices and non-profit organization offices. (H) Business support services. (I) Photography, art, and craft studios and galleries. (J) Personal services. (K) Personal improvement schools. (L) Farmers markets. |
| Lot Frontage: | 60 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | 14-22-404-055 SEC 22 T1N R4E VILLAGE OF PINCKNEY COMM NE COR OF SAID LOT 1 TH S01*16'02"E 58.35 FT TO POB. TH S01*16'02"E 96.48 FT TH N87*26'17"W 50 FT TH N01*16'02"W 23 FT TH N87*26'17"W 50.98 FT TH N01*18'04"W 2 FT TH N59*11'46"E 44.24 FT TH N00*25'40"W 23.65 FT TH S89*46'08"E 20.90 FT TH N01*16'02"W .08 FT TH S89*31'02"E 2.04 FT TH N00*05'58"E 21 FT TH S89*31'02"E 38.50 FT TO POB. COMB 2-15 FROM 022, 023 & 024 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,935 | 14,602 | 23,053 |
| Median Age: | 36.04 | 41.69 | 42.71 |
| Households: | 665 | 5,394 | 8,564 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions. |
