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Breakfast Diner with Basement Storage
For Sale
$240,000

112 N State Street, Freeport, MI 49325

Commercial Sale, Freeport, MI

Property Size3,878 SF
Lot Size0.30 Acres
Price / SF$61.89
Days on Market825

Property Features for 112 N State Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-1
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bathroom 3, Bathroom 2
Parking 20
Elementary school district Thornapple Kellogg
Middle school district Thornapple Kellogg
High school district Thornapple Kellogg
Directions Take I-96 to exit 52 and take M-50 , M-50 to Freeport Ave, Freeport Ave to N State St, N State St to property
Subdivision Grand Rapids - G
Standard status Active
APN 43-350-011-00
Size 3,878 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description FREEPORT; BEG 4 RODS W OF SW COR LOT 5 BLK 4 OF VILLAGE OF FREEPORT; TH W 8 RODS; TH N 4 RODS; TH E 8 RODS; TH S 4 RODS
Tax Annual Amount 2491
Legal Description FREEPORT; BEG 4 RODS W OF SW COR LOT 5 BLK 4 OF VILLAGE OF FREEPORT; TH W 8 RODS; TH N 4 RODS; TH E 8 RODS; TH S 4 RODS

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1940
Floors in Building 2
Number of units 1
Building materials Vinyl Siding
Roof type Composition
Listing Agency: KW Rivertown Hoppough · Keller Williams Realty
Listed By: James Stephens · License #6501446280
Added: Jun 24, 2024 Changed: Sep 16 Last Checked: Sep 26 at 1:06AM
MLS# 24032654

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 breakfast and diner property at 112 N State Street in Freeport includes 3,878 square feet on a 0.3-acre lot. The layout provides seating for 54, a dining room, counter seating, a dedicated food preparation area, storage, an office, and a basement. Most equipment is included with the sale. Built in 1940, the building features vinyl siding, a composition roof, forced-air heat, central air, cable availability, and a septic tank.

The property is located in downtown Freeport, Michigan, within Barry County. Its commercial layout combines customer seating with back-of-house preparation, storage, and office areas in a single building.

Key Highlights

  • 3,878‑square‑foot diner on a 0.3‑acre lot
  • Seating capacity for 54 diners
  • Basement storage plus office space

Property Analytics

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Current Use

Smelk's Diner Restaurant

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Tanning Salon Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49325, MI

2,090
Population
794
Households
2.6
Avg Household Size
39
Median Age
26%
College-Educated
96%
High-School Grad
26.7 sq mi
ZIP Area
78
Density / Sq Mi
$82,361
Median Household Income
$47,938
Median Earnings
$914
Median Rent
$309,700
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
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Frequently Asked Questions

What type of property is this?
Breakfast & diner - Established dining property with food preparation space, an office, equipment, and a central Freeport setting.
Where is this breakfast & diner located?
The property is located at 112 N State Street Freeport, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3,878‑square‑foot diner on a 0.3‑acre lot; Seating capacity for 54 diners; Basement storage plus office space
More about this property
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