1301 Memorial M26
Houghton, MI 49931
MLS #1093934

Commercial
  • 2,930sq ft
$699,800
Est. P&I payment: $2672.76/mo
1301 Memorial M26, Houghton, MI 49931
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Description for 1301 Memorial M26, Houghton, MI 49931
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.
MLS #1093934
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My Notes for MLS #1093934

General Features

  • Approx. Year Built: 1992
  • Number of Levels: 1
  • Total Number of Buildings: 1

Exterior Features

  • Exterior: Fiber Cement,​Masonry
  • Lot Dimensions: 151x225x150x246+/-
  • Misc. Exterior: Fixtures,​Furniture,​Lighting,​Onsite Parking,​Paved Parking,​Pole Sign,​Restroom(s)
  • Outbuildings: None

Interior Features

  • Basement: None
  • Est.Total Building SQFT: 2,930

Utility Features

  • Air Conditioning: Central
  • Cable: Available
  • Electric: Yes
  • Heat: Natural Gas Forced Air
  • Natural Gas: Yes
  • Sewer: City
  • Supplemental Heat: None
  • Telephone: Available
  • Water: City

Financial Features

  • Association Fee: None.
  • Financing Options: None
  • Price Per SQFT: 238.84
  • Rental Options: For Rent w Compensation

Miscellaneous Features

  • Accessibility Options: No-Step Entrance
  • Business Type: Drive thru restaurant
  • Construction: Block
  • Foundation: Slab
  • Green Features: None
  • Road Access: Year Round
  • Shoreline: Not Applicable
  • Water View: None
  • Waterfront: None
  • Wooded: None

Location

 
Street View Not Available
Directions to 1301 Memorial M26, Houghton, MI 49931
M26/Sharon Ave intersection, L on Frog Pool Lane, L on Ridge Road, on Left
The listing information for 1301 Memorial M26, Houghton, MI 49931 was graciously provided by our friends at the listing brokerage, CENTURY 21 NORTH COUNTRY AGENCY-H

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P&I Payment $2672.76
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Wild Rivers Realty & Associates, Inc's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Wild Rivers Realty & Associates, Inc, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/18/2017 at 3:50am
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