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128 S Main ST Wayland, MI 49348
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Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Sold
Purchase Type For Sale
Square Footage 6,263 sqft
Price per Sqft $65
MLS Listing ID 65023132727
Sold Date 05/14/24
Year Built 1900
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type BusinessandRealEstate
Property Description
OpenRoad Brewery and Restaurant! Business and Real-Estate ''For Sale''. To include all assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes nice oversized 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! The red barn is fantastic storage, or turn it into an awesome barn themed space! 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! 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 is on its upswing. With the NEW smash burgers outselling beer some days proving the dire need for more food in the area! 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!; Power/Phase: 3 Phase; Power/Voltage: 480v/120v
Location
State MI
County Allegan
Area Area86222Wayland
Rooms
Basement CommonStorageLocker, Full
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Parking Features Asphalt
Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Roof Type Rubber
Building
Foundation Basement, Stone
Sewer PublicSewer, SewerAtStreet, StormDrain
Water Public, WateratStreet
New Construction No
Schools
High Schools Waylandunion
School District Waylandunion
Others
Ownership LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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