Step into a piece of local history with Wheeler's Restaurant ? a beloved restaurant that has been serving the community for approximately 90 years. Located on the high-visibility corner of US 23 and M-13 in the heart of Standish, this iconic destination continues to serve breakfast, lunch, and dinner and is well known for its excellent salad bar and nostalgic vintage charm. Being sold as-is, this opportunity includes restaurant equipment, furniture, and beer and wine license, making it ideal for an owner-operator or investor looking to continue a long-standing local tradition. Several improvements have already been completed, adding value while maintaining the restaurant?s classic appeal. Conveniently located near I-75 and Saganing Eagles Landing Casino, this established business benefits from strong local and traveler traffic alike. Rare opportunity to own a landmark business in a prime location.
General Information
Sale Price: $749,000
Price/SqFt: $195
Status:
MLS#: 50206909
City: standish
Post Office: standish
County: Arenac
Acres: 0.62
Lot Dim: 91x266
Size: 3,840 sq.ft.
Acreage: 0.62 est.
Year Built: 1936
Property Type: Business
Tax, Fees & Legal
Est. Winter Taxes: $2,025
Listing Courtesy of: Matthew Rapanos of Ayre Rhinehart Real Estate Partners