Technical
Financial
Distress signals
Property profile

200 Bullock St Whittemore, MI 48770

OFF-MARKET
Commercial real estate
Property ID
US43-2875008
0.17 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.17 ac (7,405 SF)
APN 141O2000300200
UPID US43-2875008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

200 Bullock St Whittemore, MI 48770-5130
Whittemore metro Census 700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2025
2 recorded transactions
2025
$70,000
2025
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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