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! Not to mention being voted the best beer and chicken of 2022! Offering to market is the entire business including the assets, equipment, inventory, recipes and licensing for OpenRoad Brewery operating under Wayland Brewing Co. Llc. Sale also includes generously sized 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! Currently used as storage for the summer patio equipment used for outdoor dining! 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 could most definitely be on the upswing. 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!
- Price:
- $459,000
- Full Baths:
- 4
- Acreage:
- 0.14
- Year Built:
- 1900
- Listing ID #:
- 23003040
- Street Address:
- 128 S Main St
- City:
- Wayland
- State:
- Michigan
- Postal Code:
- 49348
- County:
- Allegan
- Community:
- Grand Rapids - G
- Subarea:
- Grand Rapids - G
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
School District: Wayland
- Construction Description:
- Brick
- Features:
- Expandable, Outdoor Storage
- Foundation:
- Stone
- Number Of Units:
- 3
- Total # Of Buildings:
- 2
- Type Of Roof:
- Rubber
- Year Built:
- 1900
- Annual Insurance Expenses:
- 2727
- Annual Maintenance Expenses:
- 4000
- Business Description:
- Openroad Brewery
- Business Type:
- Professional/Office, Restaurant, Bar/Tavern/Lounge, Storage, Retail, Manufacturing
- Gross Income:
- 190565
- Net Operating Income:
- 42000
- Lot Square Footage:
- 6011
- Zoning Description:
- Cbd
- Included In Sale:
- { Licenses: True, Equipment: True, Furniture: True, Inventory: True, Real Estate: True }
- On Market Date:
- 2023-01-31
- Originating Mls:
- Michigan Regional Information Center (michric)
- Terms:
- Conventional, Cash
- Title Type:
- LLC
- Cross Street:
- S Main & E Superior
- Property Taxes:
- $4,289
- Tax Year:
- 2022
- Parking Spaces:
- 8
- Cooling System:
- Central Air
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Forced Air, Natural Gas
- Utilities:
- Telephone, Public Water, Public Sewer, Cable Connected, Broadband
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Justin M Rinks of Century 21 Affiliated (gr)
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