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    9483 Genesee St New Lothrop, MI 48460

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    For Sale
    $225,000

    Restaurant/bar with large kitchen, dining areas, and banquet space.

    Lot size:
    0.28 Acres

    Property Features for 9483 Genesee St

    General Information

    Lot size
    0.28 Acres

    Source: REMAX Right Choice Agent Michael J Davidson

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

    Overview

    Established Restaurant/Bar with Commercial Kitchen

    This established restaurant and bar offers an opportunity for growth. The property includes a commercial kitchen of approximately 1,400 square feet, featuring two cook lines, flat tops, a range, fryers, ovens, and a BIB system. Guest areas are divided into three sections: a main bar, a central dining room with a built-in buffet and salad bar, and a knotty-pine banquet area with a second bar. The banquet area is suitable for events, private parties, and overflow dining. Recent upgrades include a granite bar with stone accents, as well as condensers and exhaust in both the walk-in cooler and walk-in freezer. The sale includes select kitchen and bar equipment. The layout, equipment, and location can be used to create a destination for everyday dining, catering, and special events.
    Insight Report Location Intelligence

    Current Use by Public Records

    Don felipe #3 ... Mexican Restaurant Local Dumpster Rental ... Corporate Office

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Lothrop
    County
    Shiawassee
    State
    Michigan
    Longitude
    -83.972427
    Latitude
    43.11679

    Nearby Similar for Sale

    • $199,000
      3,800 SF

      Prime Office Space, New Lothrop

      Spacious 3,800 sq ft office building.
      9405 Butternut St, New Lothrop, MI 48460
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant/bar with large kitchen, dining areas, and banquet space.
    Where is this restaurant located?
    The property is located at 9483 Genesee St New Lothrop, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Fully Equipped 1,400 SF Commercial Kitchen: Featuring two cook lines, flat tops, range, fryers, ovens, and a BIB system.; - Three Distinct Guest Areas: Main bar, central dining room with buffet/salad bar, and knotty-pine banquet area with a second bar.; - Ideal for Events and Private Parties: Banquet area with dedicated bar provides space for special occasions.
    (810) 397-3000
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    9483 Genesee St New Lothrop, MI 48460
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    New Lothrop, MI 48460
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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
    9483 Genesee St New Lothrop, MI 48460
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