Building Details

Year Built 1950

Listing Agency: Weichert REALTORS Plat Allegan b**@theteammi.com Show Phone

Listed By: Benjamin M Otis · License #6502390146 Show Phone

Source: Exitrealty

Added: Oct 18, 2024 Changed: Jul 6 Last Checked: Jul 30 at 7:07AM

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Investment Insights

Based on property information with market context.

This is an opportunity to acquire an established bar situated in a central location within Bloomingdale. The bar, a long-standing local establishment, is offered with all essential equipment, furnishings, and a Class C liquor license. The property includes a sizable seating area, a spacious bar, and an area suitable for hosting events. Located in a high-traffic area with good visibility, the bar benefits from a consistent customer base. The sale encompasses all fixtures, furnishings, and equipment, facilitating a turnkey operation. The property size is 2720 square feet. The historic building provides a distinctive atmosphere with classic design features. There is potential for business expansion and the introduction of additional services.

Key Highlights

• Turnkey bar operation with all fixtures, furnishings, and equipment included
• Class C liquor license included in the sale
• Central location in Bloomingdale with high traffic and good visibility

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Storage Facility Auto Repair Shop Hair Salon Nail Salon Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

70

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,743 visits/mo 0.4 miles

Marathon Petroleum Shops & Services

2,754 visits/mo 0.3 miles

Demographics for 49026, MI

2,170

Population

981

Households

2.2

Avg Household Size

44

Median Age

15%

College-Educated

86%

High-School Grad

29.2 sq mi

ZIP Area

74

Density / Sq Mi

$65,699

Median Household Income

$32,300

Median Earnings

$918

Median Rent

$161,400

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

Questions? Ask Rey

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What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Turnkey bar with Class C liquor license in high-traffic area.

Where is this bar & pub located?

The property is located at 105 N Van Buren Street Bloomingdale, MI.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Turnkey bar operation with all fixtures, furnishings, and equipment included; Class C liquor license included in the sale; Central location in Bloomingdale with **high traffic and good visibility**