$399,000

8822 Vernier Road

Ira Twp MI, 48023

Description

Great opportunity to renovate this historic bar/restaurant (The Vernier) that started as a hotel in 1886. 25g/day traffic count on M29. There is a bullet hole in marble from 20's Purple Gang days. Ornate leaded glass, woodwork, tin ceiling & original terrazzo floors inside. Huge open dining hall w. corner brick fireplace. Two front dining rooms. Huge bar w. seating area in front. Large food prep kitchen w. extensive stainless steel counters, multiple sinks, multiburner cooktop, warmers, pizza ovens, coolers, etc. Men's lav w. 2 vintage stalls, urinal & sink prep. Lady's lav w. 2 toilet & sink preps. Large subdivided basement & large attic storage area w. external stairway. New windows, doors & electric panels. Occupancy shows 175 persons. Extensive parking in rear & owned lot across street w. M-29 access. NOTE; Building interior needs complete, extensive renovation and repair including existing equipment. Being sold as-is. Land contract terms available (25% down, 8%, 5 year balloon).

Details

MLS#2200075977
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1886
Days On Site214

Features

SQ Feet4,532
Story(s)1
ZoningCommercial

Market Activity 48023

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Area Information
StateMI
CountySt. Clair
CityIra Twp
Zip Code48023
AreaIra Twp
Listing VS Median (in 48023)
Price:
$399,000
low | high
Med:
$217,450
95.501253132832% of Average
SqFt:
4,532
low | high
Med:
500
100% of Average
$ / SqFt:
$88
low | high
Med:
$88
50.614035087719% of Average
On Site:
214
low | high
Med:
65.500000
100% of Average
Sourced by Back At You
Listing Updated: April 15, 2021 8:07:22 PM PDT
John Graham LogoMLS Number: 2200075977
Listing Provided By:
John Graham  of  John Graham Realty LLC
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