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Restaurant and Bar with Liquor License
For Sale
$350,000

12434 State Street, Atlanta, MI 49709

Commercial Sale, Atlanta, MI

Property Size2,940 SF
Lot Size0.12 Acres
Price / SF$119.05
Days on Market45

Property Features for 12434 State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Crawl Space
Subdivision Village Of Atlanta
Directions From M-32/M-33 intersection, property is located on north side of M-32, just west of intersection.
Standard status Active
APN 003-410-000-005-00
Size 2,940 SF
Lot size 0.12 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Description T30N R2E SEC 12 E 4 1/2 FT OF LOT 4 & LOT 5 & W 1/2 OF LOT 6 BLK 10 ATLANTA, MICH
Tax Annual Amount 3076
Legal Description T30N R2E SEC 12 E 4 1/2 FT OF LOT 4 & LOT 5 & W 1/2 OF LOT 6 BLK 10 ATLANTA, MICH

Utilities

Sewer type Public Sewer, Septic Tank

Building Details

Floors in Building 1
Building materials Block
Listing Agency: smith realty GROUP
Listed By: Christopher L Paffi
Added: Sep 15 Changed: Oct 27 Last Checked: Oct 29 at 12:06AM
MLS# 201842857

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This restaurant and bar occupies a 2,940-square-foot block building on a 0.12-acre parcel in Atlanta, Michigan. The sale includes equipment, furniture, fixtures, and a transferable Class C Resort Liquor License. Recent improvements include a metal roof and new flooring.

The property is in downtown Atlanta, with lakes, public lands, parks, and ATV and snowmobile trails in the surrounding area. Public sewer and septic tank service are both listed for the property.

Key Highlights

  • 2,940‑square‑foot restaurant and bar building
  • 0.12‑acre parcel in downtown Atlanta, Michigan
  • Transferable Class C Resort Liquor License

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Huntington Bank

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Big Box & Wholesale Store Storage Facility Furniture & Home Goods 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.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Groceries 47%
Freddie's Family Market Groceries
16,778 visits/mo 0.3 miles
BP Shops & Services
8,392 visits/mo 0.3 miles
Dollar General Shops & Services
3,723 visits/mo 0.3 miles
Family Dollar Shops & Services
3,070 visits/mo 0.3 miles
Marathon Shops & Services
2,040 visits/mo 0.3 miles

Demographics for 49709, MI

3,407
Population
3,763
Households
0.9
Avg Household Size
59
Median Age
15%
College-Educated
89%
High-School Grad
231.8 sq mi
ZIP Area
15
Density / Sq Mi
$49,397
Median Household Income
$25,885
Median Earnings
$718
Median Rent
$132,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A fully equipped dining and bar operation includes furnishings, fixtures, and a transferable Class C Resort Liquor License.
Where is this conventional restaurant located?
The property is located at 12434 State Street Atlanta, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,940‑square‑foot restaurant and bar building; 0.12‑acre parcel in downtown Atlanta, Michigan; Transferable Class C Resort Liquor License
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