Listing provided courtesy of RE/MAX Advantage- MLS# 26027383MLS Provider

101 W Saint Joseph StreetLawrence, MI 49064

Commercial · 5 Full Baths · 5,952 Sq. ft. | 0.22 Acres
$499,900 Active

101 W Saint Joseph Street Overview

Time on Site:
25 days
Visits:
0

Turn-Key Restaurant & Bar Opportunity in Downtown Lawrence! Welcome to The Freedom Bar & Grill, a well-established community gathering place & rare opportunity to own a fully operational bar & restaurant in the heart of Lawrence. This thriving business includes the only Class C liquor license in town, offering a significant competitive advantage & tremendous potential for continued growth. The current owner has invested extensively in the property, completing numerous updates to both the building & equipment. Improvements include new furnace and central air systems, updated electrical, plumbing, new windows, upgraded sound system, custom-built bar top & modern touch-screen POS ordering system. The kitchen has been enhanced with quality equipment & updates, making this a truly turn-key operation. Sale includes the liquor license, bar & kitchen equipment, inventory & furnishings necessary to continue operations seamlessly. The spacious bar area, restaurant seating & established menu provide multiple revenue streams, while a loyal customer base creates a strong foundation for future success. Convenient parking is available both on the street and behind the building, accommodating approximately 25 vehicles. Detailed equipment information is available in the documents section. Whether you're an experienced operator or looking to own your first hospitality business, this is an outstanding opportunity to step into a successful, established business with many major improvements already completed.

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101 W Saint Joseph Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,952
  • Price/Sq.ft. $84
  • Lot 0.22 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1890

Location/Region

  • County Or Parish: Van Buren

Tax Information

  • Tax Annual Amount: 1700.0

General Information

  • Parcel Number: 80-44-349-006-20
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5

Building Interior

  • Building Area Total: 5952.0

General Information

  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 9583.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding,Brick

General Information

  • Number Of Units Total: 1
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

101 W Saint Joseph Street Neighborhood

Community

49064 (Lawrence) Demographics

44
Median Age
79
Population Density (per sq. mile)
30%
College Educated
$67,656
Estimated Median Income
1,133
Estimated Total Home Owners
232
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

101 W Saint Joseph Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

101 W Saint Joseph Street Market Data

Based on the last 30 days in this zip code

$502,050
Average List Price
$213
Average Price per Square Foot
1
Properties Sold
116
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network