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    200 Bullock St Whittemore, MI 48770

    Sponsored
    For Sale
    $150,000

    Established Business, High Visibility, Turnkey Operation

    Property size:
    2,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This thriving bar and restaurant, located at 200 S Bullock in downtown Whittemore, Michigan, presents a unique investment opportunity. Boasting 2,900 square feet on a 0.2-acre lot, this establishment is the only bar in town, ensuring a captive market. The turnkey operation includes all business furniture, fixtures, and equipment, along with existing licenses, name, phone number, and goodwill. The sale price of $150,000 does not include alcohol and food inventories, which will be settled separately at closing. The property features a small dance floor and stage, ideal for DJs or small bands, along with separate his and her restrooms and a convenient walk-in cooler. A fenced outdoor area provides additional space for patrons. The building itself is structurally sound and offers significant potential for expansion and improvement. Its prime location directly on M-65 guarantees high visibility and consistent foot traffic. This is a rare chance to acquire a well-established business with significant growth potential in a desirable location. The current setup offers short-order food alongside a full cocktail menu, catering to a diverse clientele. The business is ready for a new owner to take it to the next level.

    Property Features for 200 Bullock St

    General Information

    Property type
    Investment properties
    Square Feet
    2,900 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Sportman's Restaurant & Lounge Restaurant

    Suggested Use

    Restaurant Building Supply Hotel & Motel Food Market Bar & Pub Grocery Store Electrical Service Electronics Store Veterinary Clinic Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Whittemore
    County
    Iosco
    State
    Michigan
    Longitude
    -83.80355
    Latitude
    44.23241

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    Nearby Similar for Sale

    • New
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      Highway Retail/Commercial Space in Whittemore

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      Whittemore Inn: Mixed-Use Investment

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      316 Bullock St, Whittemore, MI 48770
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    • $164,900
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      Whittemore Inn: 8-Unit Multifamily

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    FAQs

    What type of property is this?
    Investment property - Established Business, High Visibility, Turnkey Operation
    Where is this investment property located?
    The property is located at 200 Bullock St Whittemore, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    (989) 685-2414
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    200 Bullock St Whittemore, MI 48770
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    Whittemore, MI 48770
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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
    200 Bullock St Whittemore, MI 48770
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