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    10583 Main St Honor, MI 49640

    New
    For Sale
    $299,000

    Restaurant/Food Service - Honor, MI

    Property size:
    4,000 SF
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 10583 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Restaurant/Food
    Rooms
    Basement
    Basement Y/N
    1
    Size
    4,000 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1992
    Building materials
    Block
    Roof type
    Other
    Architectural style
    Other

    Real Estate One, Inc. (231) 946-4040 [email protected]

    Listing agent Blake Bernard (231) 946-4040

    Listing date Dec 3, 2025

    MLS# 1940960 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Business for Sale

    This is a long-established and highly profitable restaurant business located in Honor, Michigan. PaPa J’s Pizzeria & Diner has been in operation for over 15 years, with annual gross sales historically exceeding $1 million. The sale includes the business name, goodwill, recipes, fixtures, equipment, and phone number, as well as a non-compete agreement. Financials are available to qualified buyers. The property, which is approximately 4,000 square feet, is leased, and the sale is subject to the current lease. The zoning is Commercial, Restaurant/Food. The business is located in the heart of Honor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Papa J's Pizzeria ... Pizza Restaurant

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Honor
    County
    Benzie
    State
    Michigan
    Longitude
    -86.026585
    Latitude
    44.666556

    Nearby Similar for Sale

    • $1,100,000
      12,000 SF

      Established Grocery Store in Honor

      Family-owned grocery store with licenses, equipment, and real estate included.
      10625 Main St, Honor, MI 49640
      View Details

    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant business with 15+ years of operation in Honor.
    Where is this restaurant located?
    The property is located at 10583 Main St Honor, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Established, Profitable Restaurant: Benefit from 15+ years of success and historically over $1M in annual gross sales.; - Includes Business Assets: Sale includes business name, goodwill, recipes, fixtures/equipment, phone number, and non-compete agreement.; - Prime Location: Situated in the heart of Honor.
    (231) 946-4040
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    10583 Main St Honor, MI 49640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10583 Main St Honor, MI 49640
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