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Property profile & analytics
FOR SALE
Bars & Pubs

6811 W M 72 Grayling, MI 49738

5,200 SF 0.39 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-4764568
Property summary
AI-generated overview

This thriving Grayling, MI establishment, located at 6811 W M 72, presents a unique investment opportunity. The 5,200 square foot building sits on a 0.39-acre lot and currently operates as a successful restaurant and bar known as Tinkers Junction. The property boasts a well-designed interior perfect for dining and entertainment, featuring three pool tables, a dartboard, a stage for live events, and a lively atmosphere. Current programming includes trivia nights, karaoke, and cornhole tournaments, attracting a loyal customer base. An outdoor sand volleyball court further enhances the venue's appeal, providing ample space for gatherings and outdoor activities. The high traffic count in this prime Grayling location ensures consistent customer flow, contributing to the high-grossing potential. This turnkey operation offers immediate income generation, with significant upside potential for expansion and growth. The established reputation and loyal clientele provide a solid foundation for continued success, whether maintaining the current format or implementing new concepts. The property is priced at $499,000 and presents a compelling opportunity for an experienced restaurateur or investor seeking a proven money-maker in a desirable location. The property's size and amenities offer flexibility for various entertainment and dining options.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Total area 5,200 SF
Lot 0.39 ac (16,988 SF)
Zoning code C-1
APN 040-42-012-11-160-00
UPID US43-4764568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dankat Enterprises LLC · 1 yrs held
Dankat Enterprises LLC
since 2024
Last sale
$200,000
3 recorded transactions
2024
$200,000
2023
Price N/A
2017
$200,000
Zoning & alternative use
C-1 · Grayling, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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