314 W Main Street Ionia, MI $ 295,000
314 W Main Street
$ 295,000
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314 W Main Street

Ionia, MI, 48846
$ 295,000
Baths2.0

Monthly Estimate*

$ 1,961

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Studio

Commercial Property for sale in Ionia, MI

for $295,000 with 2 full baths. This building was built in 1903 on a lot size of 0.11.

Ionia's renowned LAMPLIGHTGRILL is officially available for the first time. Very well established and 'turnkey' bar and grill with tons of untapped potential to expand and grow. Full Class C liquor license. Unbelievable Package deal for the business and real estate. Historic double building on Main Street's Red Brick. Nearly 8,000 total sq ft plus full basement space. Main floor has store entry, his/her restrooms, large bar side dining area, a huge/great room family dining with rear area for the group gatherings that's complemented with beautiful fireplace, large commercial kitchen, office space, and storage. 171 Person Seating Capacity. Everything required to run the restaurant included from tables/chairs, bar stools, 6 flat screen Tv's, fully equipped kitchen, point of sale digital dining, and more. Upper level has a finished 1900 sq ft apartment and an additional 1800 sq ft that could easily be finished into multiple additional apartments. Grant funds available in the downtown district. Building has updated HVAC and electric throughout. 3-Phase power attached. From the signature salad bar to the legendary burgers, this is a once in a lifetime opportunity to carry on the LAMPLIGHTGRILL tradition. Owner will entertain offers to separate the business and real estate.

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Commercial Pending

Price

$ 295,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 2,907

Style

Business

Lot Size

0.11

Year Built

1903

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

22035316

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Propane Connected Natural Gas Connected Electric Conne
Possession Negotiable
Roof Rubber
Construction Materials Brick
Year Built 1903
Township Ionia City
Property SubType Business
Tax Year 2021
Business Type Restaurant Bar/Tavern/Lounge
Business Name Lamplight Grill
County Ionia
New Construction N
Property Type Commercial Sale
Attached Garage N
Building Features Barrier Free Bath Common Area
Status Pending
Directions M66 in Ionia to Main St East to the Lamplight Grill
City Ionia
High School District Ionia
Zoning Description B-2
NumberOfUnitsTotal 3
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 4752.0
Waterfront Y/N N
Street Name Main
Land Lease Y/N N
Tax Annual Amount 2907.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2022-09-15
Days on Market 441
Standard Status Pending
Occupancy Type Owner
Tax Assessed Value 49040
Ownership Type LLC
Legal Description See Attached
Senior Community None
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Interior
Basement Full
Total Fireplaces 2
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Street
Electric On Property Y/N N
Total Baths 2
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Exterior
Parking Features Paved
Water Source Public
Total Parking 6.0
Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Furniture': True}
Lot Size Area 0.11
Foundation Details Stone
Number of Buildings 2
Spa N
Building Area Total 7780.0
Lot Dimensions 41x132
Lot Size Acres 0.11
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Greenridge Realty (Ionia)

Broker

delliott@greenridge.com

Email

Affordability Calculator

$2,203
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,961
Monthly Property Taxes
$242
Monthly 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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THE TIME TO SELL IS NOW!
Nearby
249514 Elementary School
250319 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2022$295,000 Listed Price

Map


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314 W Main Street, Ionia, MI, 48846 is a Commercial Property for sale at $295,000 with a lot size of 0.11. 314 W Main Street is a studio with 2.0 baths and was built in 1903. The property's zip code is 48846 which is in Ionia, MI