121 S Pine River Street Ithaca, MI $ 224,900
121 S Pine River Street
$ 224,900
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121 S Pine River Street

Ithaca, MI, 48847
$ 224,900
Baths2.0 Sq 3,073

Monthly Estimate*

$ 1,495

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Studio

Commercial Property for sale in Ithaca, MI

for $224,900 with 2 full baths. This 3,073 square foot building was built in 1950 on a lot size of 0.1.

Great opportunity to own a turnkey established business in Ithaca MI. Four7 Food and Spirits, is a family oriented sports bar. Well kept and clean with a gorgeous oak bar counter, Four7 has a lively and energetic vibe. You will appreciate the comfortable seating, beautifully remodeled bathrooms, ample lighting and storage. Numerous upgrades have been undertaken, including a newer roof, furnace, freezers, fryers, hot water heater, ice machine, keg cooler, and electric panel. Even the kitchen exhaust fan is less than a year old. The package includes the Building, License (Sunday PM, Class C - Spirits & Mixed Spirit Drinks, Dance, Entertainment), Inventory, Fixtures, Furniture, and Equipment. There is also potential opportunity for an expanded outside service area to compliment the conditioned space. Located in downtown Ithaca, Four7 serves a diverse clientele, including locals, visitors and professionals. Ithaca is the county seat of Gratiot County bringing in a higher level of activity to the vicinity. The downtown area boasts a mix of thriving businesses and residential apartments. Ithaca also has an active promotional committee boosting economic activity and events in the downtown district. If you have a passion for hospitality and a desire to be part of the community, Four7 may be perfect for you. Possible owner financing.

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Commercial Active

Price

$ 224,900

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 2,155

Style

Commercial Sale

Lot Size

0.1

Year Built

1950

Town/City

Ithaca

County/Region

Gratiot

MLS | Web ID

280723

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Dual
Utilities Water Connected Sewer Connected Natural Gas Connected High Speed Internet Connected Electricity Connected Cable Connected
Roof Other
Appliances Wine Cooler Free-Standing Refrigerator Free-Standing Freezer Built-In Refrigerator Bar Fridge Built-In Gas Range
Exterior Features Awning(s) Rain Gutters
Garage Spaces 0.0
Pool Features None
Construction Materials Brick Vinyl Siding
Year Built 1950
Township All Out of Area Townships Cities and Villages
Levels One
Property SubType Commercial Sale
Tax Year 2023
Business Type Bar/Tavern/Lounge
Accessibility Accessible Approach with Ramp Accessible Hallway(s)
County Gratiot
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From US 27 Exit117 onto Washington Rd. Head West on Washington. Turn left or south onto S Pine River to property.
City Ithaca
Buyer Agent Compensation 3.00
View Y/N N
High School District Ithaca
Lot Size Square Feet 4268.88
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Pine River
Land Lease Y/N N
Tax Annual Amount 2155.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 34900
Buyer Agent Compensation Type %
Legal Description WD L 549 P 755 ORIGINAL PLAT COM 12 FT N OF SW COR OF LOT 7 BLK 10 TH E 132 FT N 37 1/2 FT W 52 FT S 5 FT 4 IN W 80 FT S 32 FT 2 IN TO POB. CITY OF ITHACA
Senior Community None
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Interior
Basement None
Flooring Carpet Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2190.0
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
Total Baths 2
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Exterior
Fencing None
Parking Features Outside
Lot Features City Lot
Water Source Public
Lot Size Area 0.1
Foundation Details Slab
Building Area Total 3073.0
Lot Dimensions 32 x 132
Lot Size Acres 0.1
Road Surface Type Asphalt
Lot Size Units Acres
Foundation Area 3073.0
Road Frontage Type City Street
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 1 121
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* Excluded Features
List By
Patti J Warnke

Listing Agent

Patti Warnke Real Estate Group

Broker

pattijwarnke@gmail.com

Email

Affordability Calculator

$1,674
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,495
Monthly Property Taxes
$180
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
4613096 Elementary School
4613097 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$224,900 Listed Price

Map


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121 S Pine River Street, Ithaca, MI, 48847 is a Commercial Property for sale at $224,900 with 3,073 sqft and a lot size of 0.1. 121 S Pine River Street is a studio with 2.0 baths and was built in 1950. The property's zip code is 48847 which is in Ithaca, MI