12899 Cherry Avenue, Rapid City MI 49676 Photo 1 12899 Cherry Avenue, Rapid City MI 49676 Photo 2 12899 Cherry Avenue, Rapid City MI 49676 Photo 3 12899 Cherry Avenue, Rapid City MI 49676 Photo 4 12899 Cherry Avenue, Rapid City MI 49676 Photo 5 12899 Cherry Avenue, Rapid City MI 49676 Photo 6 12899 Cherry Avenue, Rapid City MI 49676 Photo 7 12899 Cherry Avenue, Rapid City MI 49676 Photo 8 12899 Cherry Avenue, Rapid City MI 49676 Photo 9 12899 Cherry Avenue, Rapid City MI 49676 Photo 10 12899 Cherry Avenue, Rapid City MI 49676 Photo 11 12899 Cherry Avenue, Rapid City MI 49676 Photo 12 12899 Cherry Avenue, Rapid City MI 49676 Photo 13 12899 Cherry Avenue, Rapid City MI 49676 Photo 14 12899 Cherry Avenue, Rapid City MI 49676 Photo 15 12899 Cherry Avenue, Rapid City MI 49676 Photo 16 12899 Cherry Avenue, Rapid City MI 49676 Photo 17 12899 Cherry Avenue, Rapid City MI 49676 Photo 18 12899 Cherry Avenue, Rapid City MI 49676 Photo 19 12899 Cherry Avenue, Rapid City MI 49676 Photo 20 12899 Cherry Avenue, Rapid City MI 49676 Photo 21 12899 Cherry Avenue, Rapid City MI 49676 Photo 22 12899 Cherry Avenue, Rapid City MI 49676 Photo 23 12899 Cherry Avenue, Rapid City MI 49676 Photo 24 12899 Cherry Avenue, Rapid City MI 49676 Photo 25 12899 Cherry Avenue, Rapid City MI 49676 Photo 26 12899 Cherry Avenue, Rapid City MI 49676 Photo 27 12899 Cherry Avenue, Rapid City MI 49676 Photo 28 12899 Cherry Avenue, Rapid City MI 49676 Photo 29 12899 Cherry Avenue, Rapid City MI 49676 Photo 30 12899 Cherry Avenue, Rapid City MI 49676 Photo 31 12899 Cherry Avenue, Rapid City MI 49676 Photo 32

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12899 Cherry Avenue - Owners are retiring. Well known and established bar and restaurant at the south end of beautiful Torch Lake, voted one of the most beautiful lakes in the world. The Riv is a very busy, established business and brings customers from Antrim, Grand Traverse, Leelanau, Kalkaska and Charlevoix counties. The fare is all american food with the added benefit of a Pizza oven for fresh pizzas. Small home next to the building is included in the sale which works well for an efficiency apt or extra storage. There is room for 130 seated guests and 14 bar stools. Updates, new cooler, 4 new doors with sliding closures. Selling business and real estate. *LAND CONTRACT WITH POSSIBLE OWNER FINANCING.*

Listing information

  • MLS® ID: 1807925
  • Status: Active
  • New Construction: No
  • Lot Area: 0.26
  • County: Antrim
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • Lot Size: 75x150
  • Year Built: 1936
  • Parking Type Description: Open 20 cars
  • Total Square Footage: 5,021 ($149.17 per sq. foot)
  • Estimated Annual Taxes: $6,270

Features

Business Incl Yes
CONSTRUCTION Frame
Deeded Waterfront No
DOCUMENTS ON FILE Business License, Furniture & Fixtures, Inventory, Liquor License
ECO Features No
ENERGY EFFICIENT Not Applicable
EXTERIOR FEATURES Vinyl
Extras Additional Buildings, Furniture/Fixtures
FOUNDATION Block, Crawl Space
HEATING/COOLING SOURCE Natural Gas, Wood
HEATING/COOLING TYPE Forced Air
Inventory Incl Yes
LICENSES Beer/Wine, Food, Liquor
LOCATION Corner Lot, Freestanding
Other Business Name - Torch Riveria, Development Name - New Highlands, Summer Taxes - 5304.18, Winter Taxes - 965.91, Year Remodeled - 2014, Year: Summer - 2015, Year: Winter - 2015
PARKING Common, Parking Lot
POSSESSION Negotiable
PRESENT USE Bar, Restaurant/Food Service
Real Estate Incl Yes
RENEWABLE Not Applicable
ROAD Public Maintained
ROOF Asphalt
SEWER Private Septic
TERMS Cash, Commercial Loan
UNIVS DESIGN/BARRIER FREE Hand Rails
Vacant Land No
WATER Private Well
ZONING Commercial, Restaurant/Food
Listing Courtesy of Thomas Krause of Krause Realty Solutions 488 Munson Avenue Traverse City Mi 49686