Great opportunity to own a turnkey established business in Ithaca MI. Four7 Food and Spirits, is a family oriented sports bar. Well kept and clean with a gorgeous oak bar counter, Four7 has a lively and energetic vibe. You will appreciate the comfortable seating, beautifully remodeled bathrooms, ample lighting and storage. Numerous upgrades have been undertaken, including a newer roof, furnace, freezers, fryers, hot water heater, ice machine, keg cooler, and electric panel. Even the kitchen exhaust fan is less than a year old. The package includes the Building, License (Sunday PM, Class C - Spirits & Mixed Spirit Drinks, Dance, Entertainment), Inventory, Fixtures, Furniture, and Equipment. There is also potential opportunity for an expanded outside service area to compliment the conditioned space. Located in downtown Ithaca, Four7 serves a diverse clientele, including locals, visitors and professionals. Ithaca is the county seat of Gratiot County bringing in a higher level of activity to the vicinity. The downtown area boasts a mix of thriving businesses and residential apartments. Ithaca also has an active promotional committee boosting economic activity and events in the downtown district. If you have a passion for hospitality and a desire to be part of the community, Four7 may be perfect for you. Possible owner financing.
If you're looking for a Work/Live opportunity with additional income to pay your mortgage, this is your investment. With an operating full service salon with 2 chairs, 2 nail tech stations and pedicure station in back, you'll have a cash flowing investment with room to expand. Sale includes the business license (DBA) for the salon along with all the equipment to continue the momentum at this location. To finish out the main level, next to the salon, is a vacant commercial unit ready to be rented. The second story includes 2-Two bedroom apartments in excellent condition with updated kitchens and onsite laundry. The owner has taken care of all the deferred maintenance questions with new roof in 2022 and updated furnace and water heaters. This is an investment that you'd be proud to own
142 E Center in Ithaca presents a unique investment opportunity for those seeking versatility and potential in a bustling location where approximately 7,000 cars drive by daily. This three-story building has 4 total tenants for a combined monthly rental income of $2,000. The ground floor features a thriving restaurant, boasting a seating capacity of 118, 2 bathrooms, and all equipment included for immediate operation. There is a new AC upstairs as of 2024 and a new furnace downstairs as of 2024 as well! The restaurant pays approximately $400/month in rent and the tenant pays all utilities on their own (water, gas, electric). The other half of the ground floor features a 2 room office with 1 bathroom at approximately $400/month. For this unit, the owner pays the utilities and the tenant reimburses. On one half of the 2nd level there is a 1 bed, 1 bath residential unit at approximately $600/month and the owner pays the utilities and the tenant reimburses. The other half of the 2nd floor features a tie-dye studio with 1 bath room at $400/month and the tenant pays all utilities on their own. The third and final floor is a photo studio at $200/month. All tenants are on month-to-month leases, allowing for adaptability and increased income potential. Taxes are estimated to be $3,500/year. Whether you're an investor or an entrepreneur, 142 E Center stands as an exciting opportunity in a prime Ithaca location! BTVAI
Ithaca is located in Michigan. Ithaca, Michigan has a population of 2,827. Ithaca is less family-centric than the surrounding county with 21.88% of the households containing married families with children. The county average for households married with children is 26.39%.
The median household income in Ithaca, Michigan is $36,369. The median household income for the surrounding county is $42,256 compared to the national median of $57,652. The median age of people living in Ithaca is 36.2 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.9 inches per year, with 39.5 inches of snow per year.
