Reese MI Commercial for Sale

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Type:
Industrial
Sq.Ft.:
3,330
Status:
Active
Beds:
n/a
Lot size:
1.81 Acres
Year built:
1919
Baths:
MLS#:
60222431

ADDITIONAL INFORMATION

High-producing Papios Restaurant/Bar in Reese, MI! Conveniently located next to a County Line Golf Course and on a 1.89(+/-) acre lot. The building has a large covered deck with a view of the golf course & driving range. Updates made to the building within the last 5 years include new furnace, roof, carpeting,48k natural gas standby generator, bathrooms ( fixtures, toilets, handsfree urinals), siding, windows, blinds, AC units, updated kitchen/dining, faux tin ceiling, sidewalks, landscaping, deep fryers, CO2 nitrogen pop/draft system, kitchen cooktops, char griller, point of sale system, new modems with remote features, waitress station, flag pole, wifi thermostats, and security system. The seating capacity is approximately 140 people. Outdoor area can be used for weddings, graduations, etc. The lower level was previously used for a dining/ bar area. Hurry this rare opportunity will not last long!

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Reese Real Estate

The median home value in Reese, MI is $154,500. This is higher than the county median home value of $139,600. The national median home value is $338,100. The average price of homes sold in Reese, MI is $154,500. Approximately 80.2% of Reese homes are owned, compared to 17.86% rented, while 1.95% are vacant. Reese real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reese real estate agent to arrange a tour today!

Reese, Michigan has a population of 1,384. Reese is more family-centric than the surrounding county with 35.01% of the households containing married families with children. The county average for households married with children is 26.91%.

The median household income in Reese, Michigan is $79,375. The median household income for the surrounding county is $55,174 compared to the national median of $69,021. The median age of people living in Reese is 47.2 years.

Reese Weather

The average high temperature in July is 81.9 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 33.4 inches per year, with 39.9 inches of snow per year.

Reese Real Estate Market Conditions

  • Median sales price

    $154,500
    14.8% change since last quarter
  • # Active listings

    8
    30-day change

Reese Schools and Demographics

Education near Reese, MI

Metric City County
High School Graduates 96.97 90.52
College Degree - 2 year 10.06 10.29
College Degree - 4 year 23.93 14.16
Graduate Degree 4.79 3.58
Expenditures per Student 13,171 13,171
Students per Teacher 17.7 17.7

Elementary Schools near Reese, MI

School Grades Students P/T Ratio ZIP
Akron-Fairgrove Elementary School KG - 05 121 15.1 48701
Central School KG - 05 425 19.5 48768
Lorenz C. List School PK - 04 363 18.1 48734
Reese Elementary School PK - 05 310 16.9 48757

Middle Schools near Reese, MI

School Grades Students P/T Ratio ZIP
E.F. Rittmueller Middle School 05 - 08 328 22.3 48734
Reese Middle School 06 - 08 174 18.9 48757
Townsend North School PK - KG 84 9.1 48768
Vassar Middle School 06 - 08 247 17.6 48768

High Schools near Reese, MI

School Grades Students P/T Ratio ZIP
Akron-Fairgrove Junior/Senior High School 06 - 12 164 20.7 48733
Frankenmuth High School 09 - 12 534 22.3 48734
Pioneer Work and Learn Center 07 - 12 312 39 48768
Reese High School 09 - 12 335 19.6 48757
Vassar Senior High School 09 - 12 388 21.6 48768

Demographics near Reese, MI

Metric City County
Neighborhood Type Small Town
Population 1,384 53,288
Population Density 1,029 66
Median Age 47.2 44.8
People per Household 2.3 2.4
Median Household Income 79,375 55,174
Average Income per Capita 41,098 28,123