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128 S Main Street

Wayland, MI 49348
  • $459,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 23003040
UPDATED: 42 min ago
$459,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,263
    SQFT
  • $73
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1900
County:

School Ratings & Info

School District:

Description

OpenRoad Brewery is a staple of downtown Wayland. Being in business since 2016, surviving covid, and coming out profitable in 2022 this wonderfully cozy bar/restaurant deserves its 153 reviews on google with 4.4 stars! Not to mention being voted the best beer and chicken of 2022! Offering to market is the entire business including the assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes generously sized 2 bed, 2 bath downtown apartment with outside entrance and great views of the city. Along with an extra 8 parking spots and the oldest standing building in downtown Wayland! Currently used as storage for the summer patio equipment used for outdoor dining! Don't miss out on owning this historic piece of Wayland! With an average NOI of $42,000 between 2019(pre-covid) and 2022 being only open for dinner Mon-Sun this business could most definitely be on the upswing. Especially considering the rapidly expanding City of Wayland, with Allegan county being one of the fastest growing counties in West Michigan. Partially thanks to the mega-resort and 1200 acre development project currently underway by the Gun Lake Casino which will almost certainly bring an influx of business to the area. Ideal for a small time brewer to make it out on their own, an expanding hospitality business, or anyone who would like to jump into the world of small business! Call today for more information, or a private showing!

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© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-06-02T14:21:23.63.
www.grhomeguide.com/homes/136583435
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128 S Main Street Wayland, MI 49348

  • Price: $459,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 42 min ago
  • MLS #: 23003040
0
Beds
4
Baths
0
½ Baths
0.14
Acres
6,263
SQFT
$73
$/SQFT
1900
Built
Neighborhood:
Wayland City
County:
Allegan
Area:
Solon Township
School District:
Wayland
Property Description
OpenRoad Brewery is a staple of downtown Wayland. Being in business since 2016, surviving covid, and coming out profitable in 2022 this wonderfully cozy bar/restaurant deserves its 153 reviews on google with 4.4 stars! Not to mention being voted the best beer and chicken of 2022! Offering to market is the entire business including the assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes generously sized 2 bed, 2 bath downtown apartment with outside entrance and great views of the city. Along with an extra 8 parking spots and the oldest standing building in downtown Wayland! Currently used as storage for the summer patio equipment used for outdoor dining! Don't miss out on owning this historic piece of Wayland! With an average NOI of $42,000 between 2019(pre-covid) and 2022 being only open for dinner Mon-Sun this business could most definitely be on the upswing. Especially considering the rapidly expanding City of Wayland, with Allegan county being one of the fastest growing counties in West Michigan. Partially thanks to the mega-resort and 1200 acre development project currently underway by the Gun Lake Casino which will almost certainly bring an influx of business to the area. Ideal for a small time brewer to make it out on their own, an expanding hospitality business, or anyone who would like to jump into the world of small business! Call today for more information, or a private showing!
Exterior Features

Construction Materials Brick Foundation Details Stone Parking Total 8 Roof Rubber Water Access YN No Waterfront YN No

Interior Features

Building Features ExpandableOutdoor Storage Cooling Central Air Cooling YN Yes Heating Natural GasForced Air Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Name Openroad Brewery Business Type Professional/OfficeRestaurantBar/Tavern/LoungeStorageRetailManufacturing Cross Street S Main & E Superior Documents Available [] Gross Income 190565 Inclusions "Real Estate": True"Licenses": True"Inventory": True"Furniture": True"Equipment": True Insurance Expense 2727 Lease Considered YN No Listing Terms ConventionalCash Maintenance Expense 4000 Net Operating Income 42000 New Construction YN No Property Sub Type Business Tax Annual Amount 4289.56 Tax Year 2022 Utilities TelephonePublic WaterPublic SewerCable ConnectedBroadband Water Source Public Zoning Cbd

Listing provided courtesy of Justin Rinks of Century 21 Affiliated (Gr): 616-369-4040. © 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-06-02T14:21:23.63.
 
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Fifth Floor Real Estate
4308 Clay Ave Sw
Wyoming MI, 49548