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    515 Frankfort Avenue

    Elberta, MI 49628
    • $599,900
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 1879879
    UPDATED: 71 min ago
    $599,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,700
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1933
    County:
    Area:

    School Ratings & Info

    Description

    This is the up north local business opportunity for which youve been waiting! The Mayfair Tavern, a long standing historic restaurant and bar in Elberta was established in 1933 as a drinking establishment catering to railroad and car ferry workers and later became well known as a favorite gathering place to enjoy great foodl. This successful and year round business has proven its loyalty to customers for an astounding 86 years. Located right across the street from Betsie Bay, this iconic, revitalized neighborhood tavern boasts many new improvements. Recent updates and building addition include a new roof, remodeled kitchen with new stove, new handicap accessible bathrooms, new and updated HVAC system, private office with video surveillance...and an amazing new outdoor patio and bar that provides open-air seating for 50 where customers and private functions can relax with the views of the peaceful bay and the rolling hillsides that surround it, or even listen to live music in this generous space. The indoor dining room seats 85 and offers flexible table seating and cozy booth arrangements, as well as an indoor bar with tall table seating and a pool table. The kitchen equipment, building and fixtures have all been well cared for and maintained. An enticing menu offers a diverse variety of quality foods and signature dishes such as the Friday night fish fry, local whitefish and the famous wet burrito are just a few menu offerings that bring customers back for more. This incredible business endeavor is turn-key and complete with furnishings, fixtures, equipment and a Micros computer system making the transition that much easier. Standing as a piece of Elbertas rich history, The Mayfair prides itself with a well-established, excellent, and loyal customer base with impressively strong client relationships, which are more like friendships in this friendly, lakeside hometown close to beaches, dunes, the Betsie Valley Trail, and nearby Frankfort.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-23T15:52:01.663.
    www.c21northland.com/homes/109977059
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    515 Frankfort Avenue Elberta, MI 49628

    • Price: $599,900
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 1879879
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,700
    SQFT
    $162
    $/SQFT
    1933
    Built
    Neighborhood:
    None
    County:
    Benzie
    Area:
    Benzie
    Property Description
    This is the up north local business opportunity for which youve been waiting! The Mayfair Tavern, a long standing historic restaurant and bar in Elberta was established in 1933 as a drinking establishment catering to railroad and car ferry workers and later became well known as a favorite gathering place to enjoy great foodl. This successful and year round business has proven its loyalty to customers for an astounding 86 years. Located right across the street from Betsie Bay, this iconic, revitalized neighborhood tavern boasts many new improvements. Recent updates and building addition include a new roof, remodeled kitchen with new stove, new handicap accessible bathrooms, new and updated HVAC system, private office with video surveillance...and an amazing new outdoor patio and bar that provides open-air seating for 50 where customers and private functions can relax with the views of the peaceful bay and the rolling hillsides that surround it, or even listen to live music in this generous space. The indoor dining room seats 85 and offers flexible table seating and cozy booth arrangements, as well as an indoor bar with tall table seating and a pool table. The kitchen equipment, building and fixtures have all been well cared for and maintained. An enticing menu offers a diverse variety of quality foods and signature dishes such as the Friday night fish fry, local whitefish and the famous wet burrito are just a few menu offerings that bring customers back for more. This incredible business endeavor is turn-key and complete with furnishings, fixtures, equipment and a Micros computer system making the transition that much easier. Standing as a piece of Elbertas rich history, The Mayfair prides itself with a well-established, excellent, and loyal customer base with impressively strong client relationships, which are more like friendships in this friendly, lakeside hometown close to beaches, dunes, the Betsie Valley Trail, and nearby Frankfort.
    Exterior Features

    Construction Frame Exterior Features Wood Foundation BlockCrawl SpaceSlab Lot Dimensions 147.89X169.67X83.51 Parking Street Parking Road BlacktopPublic Maintained Roof Membrane

    Interior Features

    Heating Cooling Type Central AirDuctless A/CForced Air

    Property Features

    Business Incl Yes Business Name Mayfair Tavern Deeded Waterfront No Documents On File Furniture &Amp; FixturesLegal DescriptionLiquor LicenseOtherSurveyTitle InsuranceUtility Bills Eco Features No Extras Furniture/Fixtures Heating Cooling Source Mutiple UnitsNatural Gas Included In Lease None Inventory Incl Yes Licenses Beer/WineFoodLiquor Listing Agreement Type Exclusive Right To Sell Location Corner Lot Percent Of Remodel 80 Possession Negotiable Present Use BarRestaurant/Food Service Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 27 Sewer Municipal Terms CashCommercial LoanConventional Mortgage Township Gilmore Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free Bathroom SinkExtra Wide HallwaysGrab BarsLevered Door KnobsMain Floor AccessRaised ToiletRamped EntranceWidened Doors Vacant Land No Water Municipal Water Year Remodeled 2015 Zoning Commercial



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-23T15:52:01.663.
     
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