51 North Broadway

Sold Retail-Commercial
Catylist Listing ID: 29985652
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Property Type: Retail-Commercial
Archived As: Sold

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.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Tax ID/APN: 09-02-476-013
Zoning: DC ( DOWNTOWN CENTER)
Property Located Between: N. Broadway (M-24)
Property Visibility: Excellent
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.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2011

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,163 33,467 70,381
Median Age: 37.16 39.35 39.28
Households: 3,159 12,376 25,441

Contact

Photograph of Listing Agent

Philip A Wojtowicz

CORE Partners
Photograph of Listing Agent

Matthew J. Farrell, CCIM

CORE Partners
Photograph of Listing Agent

Jeremiah Preston

CORE Partners
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