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Bar & Pub with Liquor Licenses
For Sale
$900,000

Anywhere Street SW, Wyoming, MI 49509

Commercial Sale, Wyoming, MI

Property Size5,570 SF
Lot Size1.55 Acres
Price / SF$161.58
Days on Market244

Property Features for Anywhere Street SW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 201 Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Basement
Parking 100
Interior features Broadband
Elementary school district Wyoming
Middle school district Wyoming
High school district Wyoming
Directions Call Broker for exact directions. Off of US 131 in Wyoming.
Standard status Active
APN 41-17-14-482-001
Size 5,570 SF
Lot size 1.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SW 1/4 SW 1/4 SE 1/4 SE 1/4 EX S 202 FT OF W 130 FT * SEC 14 T6N R12W 1.90 A.
Tax Annual Amount 22810
Legal Description SW 1/4 SW 1/4 SE 1/4 SE 1/4 EX S 202 FT OF W 130 FT * SEC 14 T6N R12W 1.90 A.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1964
Floors in Building 2
Number of units 1
Building materials Block, Concrete, Wood Siding, Brick
Roof type Rubber
Listing Agency: Robert Michaels LLC
Listed By: Michael R Hess · License #6502389765
Added: Feb 4 Changed: Sep 12 Last Checked: Oct 6 at 8:06AM
MLS# 26005338

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.

Investment Insights

Based on property information with market context.

This Wyoming, Michigan property offers 5,570 square feet on a 1.55-acre parcel, with real property, furniture, and fixtures included in the sale. The building dates to 1964 and contains two bathrooms and a basement, with block, concrete, brick, and wood siding among the construction materials.

Building systems include forced-air heating, central air conditioning, and a rubber roof. Broadband interior service and cable availability are also reported. Located on Anywhere Street SW in Wyoming, the property is identified with both Class C and SDM liquor licenses, supporting its bar and pub classification.

Key Highlights

  • 5,570‑square‑foot building on 1.55 acres
  • Class C and SDM liquor licenses included
  • Furniture and fixtures included with the real property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,952
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,040 $1.2M
Cap Rate 7%
$885,029 $885.0K
Cap Rate 9%
$688,356 $688.4K
Market Conditions
NOI Build-Up for 5,570 SF
Gross rent
$86.2K $15.48/SF
− Vacancy
−$3.6K −$0.65/SF
EGI
$82.6K $14.83/SF
− OpEx
−$20.7K −$3.71/SF
NOI
$62.0K $11.12/SF
Area
Kent County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,040
Cap Rate 7%
$885,029
Cap Rate 9%
$688,356

Alternative Uses

Best Use
Specialty Retail
$885.0K
$774.4K – $1.03M (±1% cap)
NOI $61,952 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.2K
$871.7K – $1.16M (±1% cap)
NOI $69,736 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Lease Details

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 83% Dining 17%
Dollar General Shops & Services
5,742 visits/mo 0.3 miles
Marathon Shops & Services
5,659 visits/mo 0.4 miles
Domino's Pizza Dining
2,394 visits/mo 0.4 miles

Demographics for 49509, MI

28,340
Population
10,611
Households
2.7
Avg Household Size
34
Median Age
19%
College-Educated
85%
High-School Grad
7.3 sq mi
ZIP Area
3,882
Density / Sq Mi
$64,981
Median Household Income
$38,356
Median Earnings
$983
Median Rent
$183,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • El Rodeo Mexican Sports Bar & Grille — 945 36th St SW, Wyoming, MI 49509
  • KD's Sports Bar — 945 36th st, wyoming, mi 49509

Frequently Asked Questions

What type of property is this?
Bar & Pub - Sale includes the real property, furniture, fixtures, and Class C and SDM liquor licenses.
Where is this bar & pub located?
The property is located at Anywhere Street SW Wyoming, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5,570‑square‑foot building on 1.55 acres; Class C and SDM liquor licenses included; Furniture and fixtures included with the real property
More about this property
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