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1301 MEMORIAL DR M26
HOUGHTON, MI 49931

$699,800
MLS# 1093934

 

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PROPERTY DESCRIPTION

Every business loves being in the traffic pattern! Plus this building has many possibilities. This location is near the new Walgreens, fantastic exposure on M26 (Memorial Drive) and easy access from Ridge Road (frontage road)! Business opportunity with some equipment and furnishings in place to start right up! Interior and exterior were updated in 2006 including dining room addition, 2 new coolers, 1 new freezer, hood and ANSUL system. Two seating areas totaling approximately 80 seats based on the current configuration and combination of tables, booths and café tables. Most kitchen equipment and furnishings currently in place and that were previously used in the Kentucky Fried Chicken/Long John Silvers operation are included. Drive-thru window with menu-board in place. Great exposure located with frontage on M26 (Memorial Drive) business corridor and convenient access off of Ridge Road. Nearby businesses include Super WalMart, Applebees, McDonalds, Pizza Hut, Bambu Asian Cuisine, 2 local banks, flower and gift shops, Taco Bell and several other businesses and restaurants. High traffic count on Highway M26 (Memorial Drive). Great potential to use the building and then obtain your own KFC franchise or adapt it for another type of restaurant with a chicken concept or other fast food. Great location within the City of Houghton! 3 phase electricity. Building completely remodeled in 2006 with some equipment and a total remodeling cost of $640,000! Building available for rent with existing equipment & furnishings for $3,975/month, Triple Net lease. Note: Address is Memorial Drive (M26) but access is off of Ridge Road. NOTE: KFC Corporation grill and other equipment not included.

 
LOCATION
1301 MEMORIAL M26
Houghton, MI 49931

County: Houghton

School District:

Property Tax Area: Houghton City

Waterfront: None
Water View: None
Shoreline: Not Applicable

Road Access: Year Round

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DETAILS
Business Type Drive thru restaurant
Total Buildings 1.00
Total Building Square Feet 2930.00
Lot Dimensions 151x225x150x246+/-
Year Built (Approx.) 1992
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: None

Construction: Block

Garage:

Fireplace:

 

Exterior: Fiber Cement,Masonry

Outbuildings: None

 

Accessibility: No-Step Entrance

First Floor Bath:

 

First Floor Bedroom:

Foundation: Slab

 

Basement: None

Green Features: None

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Yes

 

Natural Gas: Yes

Sewer: City

Water: City

Cable: Available

 

Telephone: Available

Propane Tanks:

 

Air Conditioning: Central

Heat: Natural Gas Forced Air

 

Supplemental Heat: None

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Century 21 North Country Agency-h

Listing Agent:
Jukuri, Gerald

 
 
 

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