Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7851 Spring Arbor Rd, Unit 24-26 Spring Arbor, MI 49283

    Sponsored
    For Sale
    $375,000

    COMMERCIAL - Spring Arbor, MI

    Property size:
    3,100 SF
    Days on Market:
    80
    Last Refresh:
    Feb 11 at 11:06 pm

    Property Features for 7851 Spring Arbor Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    000-12-15-351-001-07
    Parking
    200
    Size
    3,100 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Floors in Building
    1
    Number of units
    1
    Building materials
    Stucco, Brick
    Roof type
    Rubber

    We can help!

    Listing Contact
    Doug Beiswanger
    Doug Beiswanger

    BNR Real Estate Group (517) 435-1500

    Listing agent Doug Beiswanger (517) 914-9555

    Listing date Nov 24, 2025

    MLS# 25053504

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Pizza Pub Restaurant

    A well-established and high-performing family-friendly pizza pub restaurant is available for sale in Spring Arbor, Michigan. Generating approximately $900,000 in annual sales, this local favorite is situated in a busy strip mall on M-60 in Spring Arbor Township. The turnkey operation benefits from high traffic counts, strong visibility, and convenient access for local residents, commuters, and Spring Arbor University. The surrounding area features complementary businesses and major commuter routes serving the surrounding communities. The sale includes liquor, beer, and wine licenses (MLCC-approved), all fixtures, furniture, and equipment (including new fryers, vents, grill, cooler, and miscellaneous equipment/fixture additions), assets and non-MLCC inventory, and intellectual property, including the established brand and operating materials. The property size is 3100 square feet. The current owner is selling due to health reasons and is willing to provide training and support to ensure a smooth transition for the buyer. This is an excellent opportunity for a restaurateur or investor to take over a thriving business with strong sales and a loyal customer base in a growing area. The intended use of the property is for a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ixcanul Restaurant Glow Style Studio Hair Salon Dr. Shannon Bielski Alternative Medicine Practice Kettlebell Hotspot Gym & Fitness Center Alternative Choices Crisis Center

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Arbor
    County
    Jackson
    State
    Michigan
    Longitude
    -84.537841
    Latitude
    42.207998

    Nearby Similar for Sale

    • $375,000
      3,100 SF

      Spring Arbor Retail Opportunity

      Retail property for sale in Spring Arbor, Michigan.
      7851 Spring Arbor Rd, Spring Arbor, MI 49283
      View Details
    • $195,000
      1,640 SF

      Retail Opportunity in Spring Arbor

      Retail property for sale in Spring Arbor, Michigan.
      229 E Main St, Spring Arbor, MI 49283
      View Details
    • $195,000
      1,640 SF

      Spring Arbor Commercial Opportunity

      Well-maintained commercial building in Spring Arbor, ideal for various uses.
      229 E Main St, Spring Arbor, MI 49283
      View Details

    FAQs

    What type of property is this?
    Restaurant - Thriving pizza pub restaurant for sale in Spring Arbor, Michigan.
    Where is this restaurant located?
    The property is located at 7851 Spring Arbor Rd, Unit 24-26 Spring Arbor, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High annual sales of approximately $900,000.; - Includes valuable liquor, beer, and wine licenses (MLCC-approved).; - **Turnkey operation with all fixtures, furniture, and equipment included.**
    (517) 914-9555
    Request Owner's contact information
    7851 Spring Arbor Rd, Unit 24-26 Spring Arbor, MI 49283
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7851 Spring Arbor Rd, Unit 24-26
    Spring Arbor, MI 49283
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7851 Spring Arbor Rd, Unit 24-26 Spring Arbor, MI 49283
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Doug Beiswanger
    Doug Beiswanger
    Real Estate License ID: 6502425012
    (517) 914-9555
    Learn more
    Google sign-in failed. Please try again or use another login method.