$412,500
$459,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
6,263 SqFt
SOLD DATE : 05/14/2024
Key Details
Sold Price $412,500
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 6,263 sqft
Price per Sqft $65
Municipality Wayland City
MLS Listing ID 23132727
Sold Date 05/14/24
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $4,289
Tax Year 2022
Lot Size 6,011 Sqft
Acres 0.14
Lot Dimensions 66'x99'
Property Description
OpenRoad Brewery and Restaurant! Business and Real-Estate ''For Sale''. To include all assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes nice oversized 2 bed, 2 bath downtown apartment with outside entrance and great views of the city. Along with an extra 8 parking spots and the oldest standing building in downtown Wayland! The red barn is fantastic storage, or turn it into an awesome barn themed space! OpenRoad Brewery is a staple of downtown Wayland. Being in business since 2016, surviving covid, and coming out profitable in 2022 this wonderfully cozy bar/restaurant deserves its 153 reviews on google with 4.4 stars! Don't miss out on owning this historic piece of Wayland! With an average NOI of $42,000 between 2019(pre-covid) and 2022 being only open for dinner Mon-Sun this business is on its upswing. With the NEW smash burgers outselling beer some days proving the dire need for more food in the area! Especially considering the rapidly expanding City of Wayland, with Allegan county being one of the fastest growing counties in West Michigan. Partially thanks to the mega-resort and 1200 acre development project currently underway by the Gun Lake Casino which will almost certainly bring an influx of business to the area. Ideal for a small time brewer to make it out on their own, an expanding hospitality business, or anyone who would like to jump into the world of small business! Call today for more information, or a private showing! With an average NOI of $42,000 between 2019(pre-covid) and 2022 being only open for dinner Mon-Sun this business is on its upswing. With the NEW smash burgers outselling beer some days proving the dire need for more food in the area! Especially considering the rapidly expanding City of Wayland, with Allegan county being one of the fastest growing counties in West Michigan. Partially thanks to the mega-resort and 1200 acre development project currently underway by the Gun Lake Casino which will almost certainly bring an influx of business to the area. Ideal for a small time brewer to make it out on their own, an expanding hospitality business, or anyone who would like to jump into the world of small business! Call today for more information, or a private showing!
Location
State MI
County Allegan
Area Grand Rapids - G
Direction East on W Superior from 131, south on S Main st, location on the right. Parking in rear of building off alley.
Rooms
Basement Full
Interior
Cooling Central Air
Fireplaces Number 2
Exterior
Parking Features Asphalt, Driveway
Utilities Available Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected
View Y/N No
Roof Type Rubber
Total Parking Spaces 8
Building
Building Description Brick, Expandable,Outdoor Storage
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
School District Wayland
Others
Tax ID 56-050-002-20
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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