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1.877.808.7007

7983 US-131, NE $389,900

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    7983 US-131, NE Mancelona, MI 49659

    • 3.56 Acres
    • Commercial
    MLS# 1851994 | Active

    $389,900

    Market Estimate
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    Days On Market: 146 2 Views
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    Property Details

    Incredible opportunity to acquire this turn-key restaurant on the highly trafficked US-131, just North of Kalkaska. The building has been impeccably renovated and has a newer roof (2016). All equipment and fixtures are included in the sale.

    • General Features
      • Licenses Liquor
      • Included In Lease None
      • Business Incl Yes
      • Business Name Mustangs
      • Type of Ownership Private Owner
      • Approx Year Built 1951
      • Type Retail/Commercial
      • Town T 28N
      • Township Rapid River
      • Present Use Restaurant/Food Service
    • Building Features
      • Extras Security System
      • Foundation Slab
      • Heating Cooling Source Natural Gas, Mutiple Units
      • Roof Asphalt
      • Heating Cooling Type Forced Air
      • Apx Total Fin SQFT 3,284
    • Property Features
      • Water Private Well
      • Vacant Land No
      • Univs Design/Barrier Free No Steps Entry, Raised Toilet, Grab Bars, Hand Rails
      • Road Public Maintained, Blacktop
      • Sewer Private Septic
      • Parking Parking Lot
      • Exterior Features Vinyl
      • Construction Frame
      • Lot Dimensions 409'X371'
      • Location Corner Lot, Freestanding

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    Neighborhood

    49659 (Mancelona) Demographics

    43Median Age
    41Population Density (per sq. mile)
    17%College Educated
    $40,896Estimated Median Income
    2,359Estimated Total Home Owners
    386Estimated Total Renters
    86% / 14%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    6,838Total Population

    Market Last 30 Days

    $59,000 Median Sales Price
    4 Homes Sold
    11 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $389,900
        8/31/2018 4:32:03 AM Status Changed Source New Value: Active
        8/28/2018 3:33:00 PM New in Database Source

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.