Iverness Inn | 13996 N Territorial Rd
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Iverness Inn 13996 N Territorial Rd
4,641 SF Retail Building Gregory, MI 48137 $459,000 ($99/SF)
Executive Summary
• Rare opportunity to own a historic Inn located across from Inverness Country Club
• Close proximity to North Lake, natural preserves, trails, lakes, and campgrounds
• Nearby attractions include Pickney Recreation Area, Crooked Lake Rustic Campground, Blind Lake Campground, Waterloo State Recreation Area, and DTE Energy Foundation Trail
• Guenther Homes is developing 48 homes in the area, with 40 more planned for the future
• The Inn is the sole sit-down restaurant with alcohol within a 10-mile radius
• Centrally located near Chelsea, Dexter, Jackson, and Ann Arbor
• Tavern with occupancy for 186 and an additional 46 seats on the patio
• Recently updated interior with an open floor plan and a large bar
• Features a main dining room in a log cabin setting with a stunning stone fireplace.
• Two additional dining areas for flexible dining arrangements, private events, and live music
• Spacious deck overlooking the property with ample parking for employees and guests
• Property comprises three parcels and is listed at $459,000
• Liquor license and furniture, fixtures, and equipment available separately for $140,000
• Close proximity to North Lake, natural preserves, trails, lakes, and campgrounds
• Nearby attractions include Pickney Recreation Area, Crooked Lake Rustic Campground, Blind Lake Campground, Waterloo State Recreation Area, and DTE Energy Foundation Trail
• Guenther Homes is developing 48 homes in the area, with 40 more planned for the future
• The Inn is the sole sit-down restaurant with alcohol within a 10-mile radius
• Centrally located near Chelsea, Dexter, Jackson, and Ann Arbor
• Tavern with occupancy for 186 and an additional 46 seats on the patio
• Recently updated interior with an open floor plan and a large bar
• Features a main dining room in a log cabin setting with a stunning stone fireplace.
• Two additional dining areas for flexible dining arrangements, private events, and live music
• Spacious deck overlooking the property with ample parking for employees and guests
• Property comprises three parcels and is listed at $459,000
• Liquor license and furniture, fixtures, and equipment available separately for $140,000
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,641 SF
Building Class
C
Year Built
1925
Price
$459,000
Price Per SF
$99
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.67 AC
Zoning
C-1 - Commercial
Parking
53 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
193 FT on Territorial Rd
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $143,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$143,400
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Iverness Inn | 13996 N Territorial Rd
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