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    36 Saline St Petersburg, MI 49270

    For Sale
    $240,000

    Turn-key restaurant ready for immediate operation in downtown Petersburg.

    Lot size:
    0.12 Acres

    Property Features for 36 Saline St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1900

    Source: Karen Norton-Broker Agent Karen Norton

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

    Overview

    Remodeled Restaurant in Petersburg

    This remodeled restaurant is located in downtown Petersburg, Michigan, just west off US23 and south of Dundee by one exit, and 13 miles north of the Ohio line. The property has been a restaurant for over 40 years. Parking is available in the front, with a side alley leading to a parking lot in the back. A large city parking lot is also nearby. This turn-key restaurant is ready for immediate operation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Poppas place tres Family Restaurant

    Suggested Use

    Realty agency Restaurant Hair Salon Building Supply Auto Repair Shop Accounting Firm Hotel & Motel Kitchen & Bath Bar & Pub Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Monroe
    State
    Michigan
    Longitude
    -83.715245
    Latitude
    41.901452

    Nearby Similar for Sale

    • $165,000

      Commercial Brick Building on Corner

      Commercial brick building with land contract and endless possibilities.
      64 Saline St, Petersburg, MI 49270
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant ready for immediate operation in downtown Petersburg.
    Where is this restaurant located?
    The property is located at 36 Saline St Petersburg, 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: - Remodeled restaurant in downtown Petersburg.; - Turn-key operation ready for immediate use.; - High-visibility location just west of US23.
    (734) 777-0575
    Request Owner's contact information
    36 Saline St Petersburg, MI 49270
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    Petersburg, MI 49270
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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
    36 Saline St Petersburg, MI 49270
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