1876 Ludington DrFarwell, MI 48622

For Sale
$200,000

Turnkey Hospitality Business, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional commercial property, located at 1876 W Ludington Drive in Farwell, Michigan (48622), presents a unique turnkey business opportunity. Situated on a substantial 57,934.8 square foot lot, the 1,152 square foot building offers a well-established hospitality business with a significant existing clientele. Recent upgrades over the past decade have significantly enhanced the property's value and operational efficiency. These improvements include a new metal roof (installed in 2021), a completely new ventilation system, updated sewer lines, a new well (installed 4 years ago), and a newly constructed patio. The property also boasts a 400 AMP service and completely redone plumbing. The well-equipped kitchen features a four-hole steam table, refrigerated prep table, two fryers, a 24-inch grill, and a smoker housed in a dedicated smokehouse. Further enhancements completed in 2022 include a remodeled interior, a new drainage system, newly installed windows, and an exterior walk-in cooler. All existing business equipment is included in the sale. The property is conveniently located on the corner of Maple Road and Ludington Drive, easily accessible from West Ludington Drive. This is a rare opportunity to acquire a thriving business with significant recent investments, offering immediate income potential and substantial long-term growth prospects. The asking price for this turnkey operation is $200,000.

Highlights

  • Turnkey hospitality business in Farwell, MI.
  • 1,152 sq ft building on a 57,934.8 sq ft lot.
  • Recent upgrades include a new roof (2021), ventilation system, sewer lines, well (4 years ago), and patio.
  • Features a 400 AMP service, updated plumbing, and a well-equipped kitchen with commercial equipment.
  • 2022 improvements include remodeled interior, new drainage, windows, and exterior walk-in cooler.
  • All equipment included; asking price $200,000.

Location Insight

City
Farwell
County
Clare
State
Michigan
Latitude
43.8428272
Longitude
-84.885193
1876 Ludington Dr, Farwell, Michigan

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1876 Ludington Dr
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