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    Reading, MI
    Conventional Restaurant

    Reading, MI Conventional Restaurants for Sale

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    Hillsdale, MI Montgomery, MI Quincy, MI Allen, MI Camden, MI Jonesville, MI Coldwater, MI Edon, OH
    Turn-Key Restaurant with Patio
    Updated: Jun 15
    Turn-Key Restaurant with Patio

    222 S Main Street, Reading, MI 49274

    $279,000
    1,150 sqft 0.28 AC lot
    Building built in 1930 and currently serving pizza and ice cream
    In business for close to 50 years
    Upgrades include two new coolers
    Updates include new booths and a new front patio
    Exterior has been resided
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    222 S Main Street, Reading, MI 49274

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $183K
      Suggested
    View Property Analytics
    Turnkey Restaurant Building
    Updated: Jun 15
    Turnkey Restaurant Building

    222 S Main Street, Reading, MI 49274

    Contact for pricing
    1,150 sqft
    Year built 1930
    Operating restaurant built for a pizza and ice cream concept
    Upgrades include two new coolers
    New booths
    Exterior updates include new siding/residing and a new front patio
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Reading, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Entertainment Redevelopment
    Restaurant and Entertainment Redevelopment

    210 W Carleton Road, Hillsdale, MI 49242

    $4,500,000
    46,000 sqft 7.04 AC lot

    46,000-square-foot commercial property on 7.04 acres with two loading docks, 250 parking spaces, and commercial kitchen buildout.

    View details
    Turn-Key Restaurant with Upper Space
    Turn-Key Restaurant with Upper Space

    354 W Chicago Street, Coldwater, MI 49036

    $259,000
    2,995 sqft 0.75 AC lot

    Turn-key restaurant offering a kitchen, coolers, and an upper-level area suited for gatherings or storage.

    View details
    Full-Service Restaurant with Outdoor Seating
    Full-Service Restaurant with Outdoor Seating

    19 S Monroe St, Coldwater, MI 49036

    Contact for pricing

    Established full-service restaurant and bar with outdoor dining, extensive scratch-made menu, salad bars, and catering services.

    View details
    Turn-Key Restaurant and Business
    Turn-Key Restaurant and Business

    44 E Bacon Street, Hillsdale, MI 49242

    Contact for pricing

    Turn-key restaurant offering a fully equipped operation with business, real estate, equipment, and fixtures included.

    View details

    Reading, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Reading, MI on our real estate platform. These investment opportunities span a total of 2,300 square feet of properties for sale, with an estimated market value of $279,000.

    Sale prices for conventional restaurants in Reading, MI average $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 3,777
    Population Growth (5Y) +8.0%
    Median Household Income $56,125
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Reading submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49274 $279K

    Taxes & Financing

    Tax Rate (average for all types) 3.38%
    Property Tax per SF $52.40 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsdale County

    New Delisted

    Total CRE Inventory on Market (SF)

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