Seller Financing
Address
8822 Vernier Rd Fair Haven, MI
Price
$ 399,000
Property Attributes
  • MLS#40102756
  • TypeCommercial
  • CountySAINT CLAIR
  • CityFair Haven
  • AreaIra Twp
  • NeighborhoodIra Twp
  • Zip48023
  • StyleCommercial/Industrial
  • Year Built1886
  • Taxes7102
  • Price$ 399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4532
  • Lot Size0.48 Acres
Listing Provided Courtesy Of:
John Graham Realty, LLC
Property Description

Great opportunity to renovate this historic bar/restaurant (The Vernier) that started as a hotel in 1886. 25g/day traffic count on M29. There is a bullet hole in marble from 20's Purple Gang days. Ornate leaded glass, woodwork, tin ceiling & original terrazzo floors inside. Huge open dining hall w. corner brick fireplace. Two front dining rooms. Huge bar w. seating area in front. Large food prep kitchen w. extensive stainless steel counters, multiple sinks, multiburner cooktop, warmers, pizza ovens, coolers, etc. Men's lav w. 2 vintage stalls, urinal & sink prep. Lady's lav w. 2 toilet & sink preps. Large subdivided basement & large attic storage area w. external stairway. New windows, doors & electric panels. Occupancy shows 175 persons. Extensive parking in rear & owned lot across street w. M-29 access. NOTE; Building interior needs complete, extensive renovation and repair including existing equipment. Being sold as-is. Land contract terms available (25% down, 8%, 5 year balloon).

Price History
9/15/2020 Listed $399,000

General Features

Class COM/IND/BUS OPP
Directions Enter Vernier north off M-29....on the northeast corner of Vernier and Ira Rd.
Financial Terms Cash, Conventional, Land Contract
Heating Forced Air
Legal Description LOT 102 SUPERVISOR BOWERS FAIR HAVEN PLAT T3NR15E SEC 15
Listing Area Ira Twp (74037)
Municipality Ira Twp
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subdivision SUPRVR'S BOWERS FAIR HAVEN
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1886
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick, Stone
Foundation Type Basement
Frontage 129
Lot Dimensions 129.00X195.00
Lot Size Area 0.48
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48023

Price
AVG $370K
$400K
Taxes
AVG $6,043
$7,102
Visits
AVG 5
11
Year Built
AVG 1934
1886