Courtesy: KW Showcase Realty
Thomas Gaunt
THE WALTZ INN RESTAURANT AND BAR IS READY FOR A NEW OWNER! This wonderful restaurant and bar has been closed for the last few years, but is fully intact with a carryout license and all the inventory. Plus as a bonus, there are 2 rental units upstairs that generate income as well. All appliances in the rentals are also included in the sale. Value Added Bonus: The roof was brand new in July of 2024. This restaurant has a fantastic history and a solid reputation as a meeting place for family and friends. The restaurant was open for ~36 years and the tavern was opened in the early 1900's and the seating capacity is 82. Help to rekindle this classic establishment with your own flair and vision. Land contract may be an option, with $250K down at 7% interest, $3,000 per month, 30 year amortization with a 5 year balloon. The liquor license is sold separately for $80K. The last full year in business generated ~$570,000 in sales when being open only 5 days a week. Their best year generated ~$800,000 in sales when being open 7 days a week.
Huron Twp is located in Michigan. Huron Twp, Michigan has a population of 4,373.
The median household income in Huron Twp, Michigan is $96,507. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Huron Twp is 46.6 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 34 inches per year, with 42.4 inches of snow per year.
