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    1088 S University St Mount Pleasant, MI 48858

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    For Sale
    $975,000

    Restaurant property in prime location across from Central Michigan University.

    Lot size:
    0.28 Acres

    Property Features for 1088 S University St

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1998

    Source: Casablanca Real Estate Company, LLC Agent Mark Krysiak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Near Central Michigan

    This turnkey restaurant property is situated in a prime location directly across from Central Michigan University. Specifically, it is located across the street from the central campus and Grawn Hall, which houses CMU's college of business and administration. The main level spans 4,100 square feet and includes a commercial kitchen, a dining area, and a separate event space. The building also features a fully finished lower level with an entertainment area suitable for an arcade or secondary event space, a dressing room with a full bath, and ample storage. This property presents a rare opportunity to purchase a restaurant-ready space in a highly desirable location.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Mountain Town Catering, Central Michigan Catering

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Isabella
    State
    Michigan
    Longitude
    -84.77561
    Latitude
    43.593956

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    FAQs

    What type of property is this?
    Restaurant - Restaurant property in prime location across from Central Michigan University.
    Where is this restaurant located?
    The property is located at 1088 S University St Mount Pleasant, MI.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Prime location directly across from Central Michigan University (CMU); - Turnkey restaurant ready for immediate operation; - Sprawling 4,100 sq ft main level with commercial kitchen, dining area, and separate event space
    (248) 982-3360
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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
    1088 S University St Mount Pleasant, MI 48858
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