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$287,500

  • Sold
  • Closed
  • Business
  • 2,992 Sq. Ft.
  • 6 Parking Spaces
  • Updated 7 days ago
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Great opportunity to own the Legendary B&W Olde Village Inn, located in the National Historic District of downtown Buchanan. Comes with kitchen equipment & fixtures. Building has security system, Apple Computer tied to all security, Walk-in cooler, ice machine, HD compressor, ADT camera throughout, POS system, 200 amp. 1 large curve TV, with a total of 5 TV's. The 2nd floor has a 2-bedroom apartment currently vacant. Last rental was for $850/month.

Full Property Details for 116 Main St

General

  • Sold For: $287,500
  • Taxes: $6,558
  • Status: Closed
  • Type: Business
  • Source: SWMRIC_MLS
  • MLS ID: 24007342
  • Added to Site: 318 day(s) ago

Business

  • Business Type: Other, Restaurant, Bar/Tavern/Lounge

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Parking

  • Total Spaces: 6

Location

  • Area: Southwestern Michigan - S
  • County: Berrien
  • Cross Streets: E Front Street & E Dewey Stree
  • Driving Directions: In the City of Buchanan take Front Street to Main Street and turn North on Main to property on right hand side.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available

Structural Information

  • # Buildings: 1
  • Construction: Block, Vinyl Siding, Wood Siding, Brick, Stone
  • Roof: Rubber
  • Square Feet: 2,992
  • Year Built: 1800

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,376
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $6,558.75
  • Terms: Conventional, Other, Cash
  • Tenant Pays: Electricity

Disclosures and Reports

  • Ownership: LLC
  • Legal Description: THE N 10' OF THE W 88' OF LOT 4 & TH S 17' OF THE W 88' OF LOT 5 ORIGINAL PLAT OF THE CITY OF BUCHANAN
  • Property ID: 115803400004063

Listed by Cressy Commercial Real Estate, James H Ringler
Sold by The Home Source Group, Joseph F Williams

Listing agent

— 116 Main St —

  • James H Ringler

    Cressy Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Main St

School District:Buchanan Community Schools
RatingNameGradesDistance
6
Moccasin Elementary School
410 Moccasin St, Buchanan, MI 49107
2-40.3 mi
NR
Stark Elementary School
502 Claremont St, Buchanan, MI 49107
PK-50.5 mi
NR
Ottawa Elementary School
109 Ottawa St, Buchanan, MI 49107
PK-10.7 mi
6
Buchanan High School
401 W Chicago St, Buchanan, MI 49107
8-120.4 mi
6
Buchanan Middle School
610 W 4th St, Buchanan, MI 49107
5-70.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Main St

Date
Details
Price
Change
Source
12/19/2024
Sold
$287,500
-15.32%
MLS
7/15/2024
Price Increased
$339,500
7.78%
MLS
5/13/2024
Price Reduced
$315,000
-3.08%
MLS
2/13/2024
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Cressy Commercial Real Estate, James H Ringler
Sold by The Home Source Group, Joseph F Williams

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116 Main Street, Buchanan, MI 49107 (MLS# 24007342) is a Business property that was sold at $287,500 on December 19, 2024. Want to learn more about 116 Main Street? Do you have questions about finding other Business real estate for sale in Buchanan? You can browse all Buchanan real estate or contact a Coldwell Banker agent to request more information.

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