Catylist ID: #29985652
51 North Broadway
Retail-Commercial for Sale
|Catylist Listing ID:||29985652|
|Property Subtypes:||Restaurant, Tavern/Bar/Nightclub|
|Building Size (RSF):||4,678 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.15 Acres|
|Sale Price:||See Agent|
|Property Use Type:||Business|
|Building Name:||51 North Brewery|
|Sale Terms:||Purchase Money Mortgage|
Overview / Comments
° Currently leased to a craft brewery/pub, 51 North Brewery, with the ability to serve food and beer/wine. Current lease is month-to-month. Brewery/pub building at 51 N. Broadway is owned by the Lake Orion Downtown Development Association. The DDA has the ability to issue a liquor license associated with the new operator. DDA wishes to sell the property to a qualified owner and experienced/ operator.
° DDA is mandated to sell it on a Request for Qualifications (RFQ) process which will detail new operators qualifications. See PDF Attachment detailing the RFQ process.
° The building is 4,678 sq ft with parts of the building dedicated to the bar/restaurant seating area, a separate kitchen, a separate area dedicated to the brewing of the beer. The building has an outside patio.
° Kitchen area in back; lounge in front; open floor plan; outside seating
° Abundant public parking with public lots adjacent and across from the building and street parking at the building.
|Zoning:||DC ( DOWNTOWN CENTER)|
|Property Located Between:||N. Broadway (M-24)|
|Highway Access:||M- 24|
|Site Description:||The building is 4,678 sq ft with parts of the building dedicated to the bar/restaurant seating area; a separate kitchen; a separate area dedicated to the brewing of the beer.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
Philip A WojtowiczCORE Partners
Matthew J. Farrell, CCIMCORE Partners
Jeremiah PrestonCORE Partners
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