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    13105 Gratiot Hemlock, MI 48626

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    Claim this Listing
    For Sale
    $2,600,000

    Commercial/Industrial - Hemlock, MI

    Property size:
    6,047 SF
    Lot size:
    5.95 Acres
    Added:
    Aug 11, 2025
    Days on Market:
    245
    Last Refresh:
    Apr 12 at 12:06 am

    Property Features for 13105 Gratiot

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial,Residential
    Parking features
    Parking Lot
    Patio and Porch features
    Patio, Deck
    Interior features
    1 Phase Power, Ada Accessible, Bath, Cable Internet Installed, Clear Span, Concrete Floor, Fence, Fixtures, Floor Drain, Flr Thickness: 4+ - 6 In., Furniture, Gas Available, Loft, Overhead Doors, Reception Area, Restroom(s), Under 400 Amps, Underground Utilities, Undrgrnd Storage Tank
    Exterior features
    Outbuilding(s), Outside Storage, Deck/Patio, Fenced Yard, Garden Area, Fence Owned
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    22-12-2-25-4008-006 and 007
    Size
    6,047 SF
    Lot size
    5.95 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6749

    Utilities

    Heating system
    Electric (Heating), Forced Air, Hot Water (Heating), Radiant
    Cooling system
    Ceiling Fan(s), Central Air, Exhaust Fan (Cooling)

    Building Details

    Year built
    1990
    Building materials
    Brick, Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Outbuilding, Storage

    We can help!

    Listing Contact
    Rachel Belgiorno
    Rachel Belgiorno

    Listing agent Rachel Belgiorno License #6501404878

    Listing office RE/MAX New Image 1668 Midland Rd, Saginaw, MI

    Listing date Aug 11, 2025

    MLS# 50184758 Listing URL

    Copyright © 2026 Saginaw Board of 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

    Farm-to-Table Restaurant & Microbrewery

    This well-established farm-to-table restaurant and microbrewery is situated on 5.95 acres along highway M-46, near Hemlock Semiconductor. The 6,047 square foot restaurant has become a cornerstone of the community, known for its commitment to fresh, locally sourced ingredients and artisanal brews. The restaurant operates on a 6-acre ecosystem, blending culinary excellence with sustainable practices. Features include an outdoor grill and patio, vegetable gardens, a heated hoophouse, a storage hoophouse, and a chicken coop. This turnkey, operational, and profitable business opportunity is suited for an owner/operator with a passion for sustainability, a visionary chef, or an investor seeking a proven concept in the farm-to-table sector. The property is zoned for both commercial and residential use. The restaurant and microbrewery will maintain regular operations until the completion of the sale. The potential for growth is significant due to local semiconductor expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Storage Facility Grocery & Convenience Store Nursing Home Nursing Home

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

    Similar Places Nearby

    • Jackie Jacobs Catering — 540 N Orr Rd, Hemlock, MI 48626
    • Mr. J’s Catering — 540 S Orr Rd, Hemlock, MI 48626

    Location Insight

    • Map
    • Local Demand
    City
    Hemlock
    County
    St. Clair
    State
    Michigan
    Longitude
    -84.2287
    Latitude
    43.422

    FAQs

    What type of property is this?
    Restaurant - Award-winning farm-to-table restaurant and microbrewery on 5.95 acres.
    Where is this restaurant located?
    The property is located at 13105 Gratiot Hemlock, MI.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Award‑winning, established farm‑to‑table restaurant and microbrewery with a proven, profitable business model.; Prime location on M‑46 near the rapidly expanding Hemlock Semiconductor, offering immense growth potential.; Turnkey operation including all fixtures, furniture and equipment, ready for immediate operation.
    (989) 430-1225
    We can help!
    Listing Contact
    Rachel Belgiorno
    Rachel Belgiorno
    Real Estate License ID: 6501404878
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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