Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    217 S Lafayette St Greenville, MI 48838

    For Sale
    $599,990

    Remodeled tavern with full kitchen and apartment potential.

    Lot size:
    0.07 Acres

    Property Features for 217 S Lafayette St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1880

    Source: Realty Michigan LLC Agent Drew Wodarski

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

    Overview

    Remodeled Tavern with Full Kitchen

    The True North Tavern, newly remodeled in 2021, features a full-service kitchen equipped with new coolers and equipment. The beer tap systems utilize a centralized CO2 system. Located in the historical zone, the property offers the potential for two apartments upstairs, which may qualify for rehabilitation funds. Interested buyers should consult the Chamber for information on fund availability. This property presents opportunities to generate additional income.
    Insight Report Location Intelligence

    Current Use by Public Records

    True North Tavern Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    The Reno Bar, Handy Market, True North Tavern, Coors Light

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.253376
    Latitude
    43.182181

    Nearby Similar for Sale

    • $2,500,000
      9,300 SF

      Greenville Retail Opportunity

      Well-maintained building in the heart of Greenville with ample parking.
      1205 W Washington St, Greenville, MI 48838
      View Details
    • $594,900
      4,650 SF

      Mixed-Use Property on Corner Lot

      Mixed-use property with commercial building, home, and detached garage.
      25/29 S Greenville Rd, Greenville, MI 48838
      View Details
    • New
      $219,000
      0.30 Acres

      Greenville Multifamily Investment Opportunity

      Three-unit multifamily property in Greenville with updated units.
      120 E Montcalm St, Greenville, MI 48838
      View Details
    • $339,000
      4,500 SF

      Waterfront Commercial Property in Greenville

      Commercial property on the Flat River with upgrade work completed.
      405 N Franklin St, Greenville, MI 48838
      View Details
    • $225,000
      0.25 Acres

      Greenville Duplex with Income Potential

      Downtown Greenville duplex featuring updated units and excellent income potential.
      210 E Washington St, Greenville, MI 48838
      View Details
    • $109,999
      2,559 SF

      Greenville Commercial Building For Sale

      Highly visible commercial building ideal for retail or office space.
      9297 SW Greenville Rd, Greenville, MI 48838
      View Details

    FAQs

    What type of property is this?
    Bar - Remodeled tavern with full kitchen and apartment potential.
    Where is this bar located?
    The property is located at 217 S Lafayette St Greenville, MI.
    What is the asking price?
    The asking price for this property is $599,990.
    What are key features of this property?
    This property features: - Newly remodeled in 2021 with a full-service kitchen; - Centralized CO2 system for beer taps; - Opportunity to generate additional income
    (616) 890-8225
    Request Owner's contact information
    217 S Lafayette St Greenville, MI 48838
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 S Lafayette St
    Greenville, MI 48838
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    217 S Lafayette St Greenville, MI 48838
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.