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228 N Jefferson St Hastings, MI 49058

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For Sale
$399,000

Thriving breakfast and lunch cafe with real estate included.

Lot size:
0.20 Acres

Property Features for 228 N Jefferson St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.20 Acres

Building Details

Year built
1963

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Listing Contact
David Elwood
Source: Elliman

Listing Agency: Epique Realty Listing Agent: David Elwood

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

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Overview

Established Cafe with Real Estate

A well-established cafe-style restaurant specializing in breakfast, brunch, and lunch is available for sale, including the commercial real estate. This local favorite is known for its inviting atmosphere and consistent performance. The sale includes both the thriving cafe and the building itself, providing stability and long-term equity. The offering price reflects approximately 45% of the total value when compared with standard restaurant valuation methods. The business and building are available for roughly 1.3 times annual owner cash flow (SDE) or 1.9 times operating earnings (EBITA). This opportunity is suited for an entrepreneur looking to step into restaurant ownership, a culinary couple or family team, or an experienced operator ready to expand into a proven location with the advantage of owning the real estate. This turnkey, community-loved restaurant offers the chance to build a lifestyle around a breakfast and lunch focus. The combination of ongoing profitability, included real estate, and value savings make this an exceptional ownership opportunity.
Location Intelligence

Current Use by Public Records

Comstock park Park Hastings Riverwalk Cafe Restaurant Motorcanvas works at Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

Phil's Galley, Richie's Koffee Shop, Hastings Riverwalk Cafe

Location Insight

  • Map
  • Local Demand
City
Hastings
County
Barry
State
Michigan
Longitude
-85.288011
Latitude
42.650222

FAQs

What type of property is this?
Breakfast & diner - Thriving breakfast and lunch cafe with real estate included.
Where is this breakfast & diner located?
The property is located at 228 N Jefferson St Hastings, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: - Includes the established, profitable cafe-style restaurant business and the commercial real estate.; - Priced significantly below standard restaurant valuation methods, representing a substantial value savings.; - Turnkey operation with a strong cash flow and proven success as a local favorite.
More about this property
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