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2255 W Stadium Boulevard

Ann Arbor, MI 48103
  • $215,000
  • STATUS: Active
  • ON SITE: 395 Days
  • MLS #: R2210036666
UPDATED: 35 min ago
$215,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,042
    SQFT
  • $43
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1973
County:

School Ratings & Info

School District:

Description

Exciting opportunity to purchase established and popular turn key business (Hot Pot Chen Restaurant) on W Stadium Blvd -Ann Arbor. High traffic location for dine in/carry out. Equipment, furnishings (booths, chairs, tables, server stations, full working bar), fixtures, all tableware and dcor, signage, business LLC and liquor license included in sale of business. The restaurant owner leases the space. The building is not for sale. The lease will be assigned per the existing lease agreement w/ property owner approval. If you purchase this restaurant business, you would purchase all rights to the restaurant from current restaurant owner and then be obligated to abide by lease agreement including a security deposit, monthly rent, liability insurance, paying taxes, utilities & services, exterior/interior maintenance and repairs. The building is approx 5042sf plus an additional 400 sq ft paved patio for outside seating. Plenty of parking spaces behind building. The lease ends 7-1-2028.

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© 2022 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2022-06-24T21:11:41.613.
www.bhhssnyder.com/homes/117535832
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2255 W Stadium Boulevard Ann Arbor, MI 48103

  • Price: $215,000
  • Status: Active
  • On Site: 395 Days
  • Updated: 35 min ago
  • MLS #: R2210036666
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,042
SQFT
$43
$/SQFT
1973
Built
Neighborhood:
Melodale Sub
County:
Washtenaw
Area:
Aa Westside S Of M14
School District:
Ann Arbor
Property Description
Exciting opportunity to purchase established and popular turn key business (Hot Pot Chen Restaurant) on W Stadium Blvd -Ann Arbor. High traffic location for dine in/carry out. Equipment, furnishings (booths, chairs, tables, server stations, full working bar), fixtures, all tableware and dcor, signage, business LLC and liquor license included in sale of business. The restaurant owner leases the space. The building is not for sale. The lease will be assigned per the existing lease agreement w/ property owner approval. If you purchase this restaurant business, you would purchase all rights to the restaurant from current restaurant owner and then be obligated to abide by lease agreement including a security deposit, monthly rent, liability insurance, paying taxes, utilities & services, exterior/interior maintenance and repairs. The building is approx 5042sf plus an additional 400 sq ft paved patio for outside seating. Plenty of parking spaces behind building. The lease ends 7-1-2028.
Exterior Features

Construction OtherWood Siding Doors At Grade 0 Foundation Slab Loading Docks 0 Lot Dimensions Business Only Miles To Closest Freeway 1 Parking Spaces 0.00

Interior Features

Building Sq Ft 5042 Clear Ceiling Height 0.00 Heat Source Gas Heat Type Forced Air Office Sq Ft 0 Restrooms 0 Retail Sq Ft 0 Total Sq Ft 5042

Property Features

Agreement Type Sale Annual Operating Expenses 0.00 Approx Inventory Amount 0 Building Value 0 Business Name Chris Phillips Certified Year 0 City Or Township City Commercial Subtype Business Cost Of Goods Sold 0 Deposit 0.00 Electric Amount 0 Equipment Value 0 Financing Terms CashRent/Lease Goodwill Amount 0 Gross Income Amount 613000 Gross Sales Amount 0 Income Year 0 Janitorial Amount 0 Land Value 0 Lease Amount 0.00 Legal Description Commencing At The Southeast Corner Of Lot 22Of The Plat Of MelodoleA Subdivision Of Part Of The Southwest1/4 Of Section 30T2sRbeCity Of Ann Less Oper Expenses Amount 55000 Maintenance Amount 0 Municipality Ann Arbor Net Income Amount 63000.00 Ownership Private Owned Present Use Restaurant State Eq Value 603900 State Eq Value Year 0 Summer Taxes 26431.00 Summer Taxes Year 0 Tax Value 0 Tax Year 0 Water Amount 0 Water Type Public Winter Taxes 7939.00 Winter Taxes Year 0 Zoning Commercial

Listing provided courtesy of Shain Park, Realtorsã‚®.


© 2022 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2022-06-24T21:11:41.613.
 
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Berkshire Hathaway HomeServices Snyder & Company, Realtors®
2655 Plymouth Road
Ann Arbor MI, 48105