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Downtown Diner Restaurant
For Sale
$240,000

112 N State Street, Freeport, MI 49325

COMMERCIAL - Freeport, MI

Property Size3,878 SF
Lot Size0.30 Acres
Price / SF$61.89
Days on Market780

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 Bathroom 1, Bathroom 2, Bathroom 3, Basement
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: Aug 4 Last Checked: Aug 12 at 2:06PM
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 restaurant property is offered for sale in Downtown Freeport and operates as a diner concept. The interior includes seating for 54 diners, with an area set up for counter seating. There is a separate back area for food preparation and storage, along with additional storage in the basement and an office.

The sale includes most of the equipment, with details referenced in an attached equipment list. The property is positioned on N State Street in Freeport, MI 49325, in the downtown area.

With dining space, back-of-house preparation and storage, basement storage, and office space, the layout supports day-to-day restaurant operations.

Key Highlights

  • Smelk's Diner in downtown Freeport with seating for 54 diners, including counter seating with bar stools
  • Dining area plus separate back‑of‑house area for food preparation and storage
  • Basement includes extensive storage and an office space

Property Analytics

Current Use

Smelk's Diner Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Tanning Salon Restaurant Department Store

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

46
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

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 - Restaurant for sale in Downtown Freeport with seating for 54 and dedicated food prep and storage areas.
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: Smelk's Diner in downtown Freeport with seating for 54 diners, including counter seating with bar stools; Dining area plus separate back‑of‑house area for food preparation and storage; Basement includes extensive storage and an office space
More about this property
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