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    1876 W Ludington Dr Farwell, MI 48622

    For Sale
    $160,000

    Restaurant/Food Service - Farwell, MI

    Property size:
    1,152 SF
    Lot size:
    1.33 Acres
    Days on Market:
    114
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1876 W Ludington Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Parking
    12
    Basement Y/N
    1
    Size
    1,152 SF
    Lot size
    1.33 Acres

    Building Details

    Year built
    1958
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    CENTURY 21 SIGNATURE REALTY - CLARE (989) 386-7776

    Listing agent Jane Ann Palmer (989) 386-7776

    Listing date Aug 14, 2025

    MLS# 1922994 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

    Turnkey Restaurant Opportunity in Farwell

    This is a turnkey seasonal business opportunity with a large clientele. The property has undergone numerous upgrades over the past 10 years. These include new sewer lines, a metal roof installed in 2021, a new vent system, all equipment, a well installed 4 years ago, a new patio, 400 AMP service, and redone plumbing. The kitchen is equipped with a 4-hole steam table, refrigerated prep table, 2 fryers, and a 24-inch grill. The property also features picnic tables and a smoke house with smoker. 2022 updates include a remodeled interior, a new drainage system, new windows being installed, and a walk-in cooler system installed outside. All equipment pertaining to the business stays. The building has 1152 square feet of living area and sits on a 1.33-acre lot. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Daycare Center Pharmacy

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

    Similar Places Nearby

    Big R's Hogs & Dogs

    Location Insight

    • Map
    • Local Demand
    City
    Farwell
    County
    Wayne
    State
    Michigan
    Longitude
    -84.885247
    Latitude
    43.842782

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    FAQs

    What type of property is this?
    Restaurant - Profitable seasonal restaurant with recent upgrades and loyal clientele.
    Where is this restaurant located?
    The property is located at 1876 W Ludington Dr Farwell, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with established clientele.; - Metal roof installed in 2021.; - Remodeled interior (2022) and new patio.
    (989) 386-7776
    Request Owner's contact information
    1876 W Ludington Dr Farwell, MI 48622
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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
    1876 W Ludington Dr Farwell, MI 48622
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