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223 N Mill Street Saint Louis, MI $ 600,000
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$ 600,000 Get more info
223 N Mill Street
$ 600,000
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223 N Mill Street

Saint Louis, MI, 48880
$ 600,000
Baths4.0

Monthly Estimate*

$ 3,988

223 N Mill Street, Saint Louis, MI 48880 - Image 1
223 N Mill Street, Saint Louis, MI 48880 - Image 2
223 N Mill Street, Saint Louis, MI 48880 - Image 3
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223 N Mill Street, Saint Louis, MI 48880 - Image 7
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223 N Mill Street, Saint Louis, MI 48880 - Image 9
Studio

Commercial Property for sale in Saint Louis, MI

for $600,000 with 4 full baths. This building was built in 1920 on a lot size of 0.24.

The business has consistently maintained strong profit margins, and financial performance. Main dining area seats up to 70 and additional 30+ in the private banquet room. Added benefit to new owner is the un-finished 5600 sq ft second floor that could be finished into multiple rentals. The restaurant and pub have low employee turnover and has shown a year-over-year increase in sales since the current owner purchased it. The owner has invested in essential improvements and the owner has taken steps to ensure a clean and safe working environment for all employees,

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Full Bath

4

Property Type

Commercial

Taxes

$ 6,000

Style

Business

Lot Size

0.24

Year Built

1920

Town/City

Saint Louis

County/Region

Gratiot

MLS | Web ID

23141205
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Phone Connected Natural Gas Connected
Possession See Remarks
Roof Rubber Concrete
Construction Materials Block
Year Built 1920
Township St Louis
Property SubType Business
Tax Year 2022
Business Type Restaurant Bar/Tavern/Lounge
County Gratiot
New Construction N
Property Type Commercial Sale
Building Features Barrier Free Fiber Optic Hwy
Status Active
Directions M46 to N Mill Street then two blocks to building(s) on left (west side of road).
City St. Louis
High School District St. Louis
NumberOfUnitsTotal 1
MLS Area Central Michigan - C
Lot Size Units Acres
Lot Size Square Feet 10454.0
Waterfront Y/N N
Street Name Mill
Land Lease Y/N N
Tax Annual Amount 6000.0
Lease Renewal Y/N N
MLS Area Minor Central Michigan - C
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2023-11-06
Days on Market 213
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 98925
Ownership Type LLC
Legal Description Verify via county records for 221 223 & 225 N Mill Street Buildings
Senior Community None
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Interior
Total Fireplaces 3
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 4
Street Suffix Street
Electric On Property Y/N N
Total Baths 4
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Exterior
Water Source Public
Total Parking 0.0
Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Furniture': True}
Lot Size Area 0.24
Foundation Details Block
Number of Buildings 3
Spa N
Building Area Total 10400.0
Lot Dimensions 63X165
Lot Size Acres 0.24
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 1 223
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* Excluded Features
List By
Eagle Realty

Broker

rich@eaglerealtymi.com

Email

Affordability Calculator

$4,488
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
$500
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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Nearby
3670550 Elementary School
3670549 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2023$600,000 Listed Price

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223 N Mill Street, Saint Louis, MI, 48880 is a Commercial Property for sale at $600,000 with a lot size of 0.24. 223 N Mill Street is a studio with 4.0 baths and was built in 1920. The property's zip code is 48880 which is in Saint Louis, MI

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