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Northern Great Lakes REALTORS MLS™

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7270 N Long Lake Road

Traverse City, MI 49685

$1,385,000

MLS #1921768

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Description

The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. The Fresh Coast Market offers 200 Michigan Made products. Fresh Coast Market has significant opportunities to expand their exclusive food production capacities for salads, sandwiches and takeout. This offering is a sale/leaseback at a 10% CAP for the real estate only. The seller is offering the sale/leaseback on a 5-year lease with a 5-year Option. The Business and property combined is also available for $2,400,000.


Overview

Sale or Lease:

For Sale

Business Included:

Yes

Real Estate Included:

No

Square Footage:

6547 sqft

Acres:

2.01 acres

Township:

Long Lake

County:

Grand Traverse


Features

Business Type:

Restaurant/Food Service

Location:

Corner Lot, Freestanding

Included in Lease:

None

Zoning:

Commercial, Restaurant/Food

Kevin Endres

Three West, LLC

231-534-5225kendres@threewest.comwww.threewest.com

Compensations

Sub Agency

2.50%

Buyer Agency

2.50%

Transaction Coordinator

0.00%

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.