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128 S Main Street

Wayland, MI 49348
  • $459,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 23132727
UPDATED: 61 min ago
$459,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1900
County:

School Ratings & Info

School District:

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!

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© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-12-01T14:51:16.457.
www.mulderteam.com/homes/143128485
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128 S Main Street Wayland, MI 49348

  • Price: $459,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 61 min ago
  • MLS #: 23132727
0
Beds
4
Baths
0
½ Baths
0.14
Acres
1900
Built
Neighborhood:
Wayland City
County:
Allegan
School District:
Wayland
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!
Exterior Features

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

Interior Features

Basement Full 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 Listing Contract 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 Sewer Public Sewer Tax Annual Amount 4289.56 Tax Year 2022 Utilities TelephonePublic WaterPublic SewerCable ConnectedBroadbandNatural Gas ConnectedElectricity AvailableNatural Gas Available 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: 2023-12-01T14:51:16.457.
 
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