217 Lafayette StGreenville, MI 48838

For Sale
$599,990

Established Tavern, Huge Income Potential

Overview

Added:
Feb 3
Days on market:
38
This exceptional turnkey business opportunity presents a fully remodeled tavern located at 217 S Lafayette in the vibrant city of Greenville, MI. The 2,550 square foot building sits on a 0.07-acre lot and is priced at $599,990. A complete renovation was undertaken in 2021, resulting in a modern and efficient space. The fully equipped kitchen boasts new coolers and equipment, ensuring seamless operations. The bar features a centralized CO2 system for its beer tap systems, enhancing efficiency and reducing maintenance. A significant advantage lies in the potential for substantial additional income generation. The upper level offers space for two apartments, situated within the historical zone. This presents a unique opportunity to leverage potential funding programs for complete rehabilitation. Interested parties should contact the Greenville Chamber of Commerce for details regarding available funding programs and eligibility requirements. This property offers a rare blend of established business operations and significant upside potential, making it an ideal investment for savvy entrepreneurs seeking a profitable venture in a thriving community. The existing tavern provides immediate cash flow, while the apartment potential offers a pathway to further expand revenue streams. This is a truly unique opportunity to acquire a well-established business with significant growth potential. Don't miss this chance to own a piece of Greenville's thriving commercial landscape.

Property Details for 217 Lafayette St

Property type
Investment properties, Other investment properties
Square Feet
2,550 SF
Year Built
1880
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Greenville
County
Montcalm
State
Michigan
Latitude
43.17899
Longitude
-85.25356
217 Lafayette St, Greenville, Michigan

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217 Lafayette St
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