Listing Agency: Howard Hanna Real Estate Services Inc Tecumseh p***@howardhanna.com Show Phone

Listed By: Patrick Hoffman · License #OH SAL.2012002500

Source: Crexi

Added: Apr 10 Changed: Aug 15 Last Checked: Aug 20 at 4:41PM

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Investment Insights

Based on property information with market context.

Turnkey bar/restaurant offering on-site entertainment space with room for dancing, plus a second bar. The operation supports Sunday AM and PM sales, and includes outdoor seating and carry out sales. The property also features a brand new furnace and well pump installed in March 2019.

Set on a 1.34-acre lot with plenty of parking, the business is located across from Devil’s Lake and down the road from the local golf course and the new Adrian College Boat House.

Key Highlights

• Turnkey bar/restaurant with a class C liquor license
• Includes space for dancing/entertainment plus a second bar
• Outdoor seating and carryout sales (Sunday AM and PM sales reported)

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Hair Salon Electrical Service

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

49

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49220, MI

2,390

Population

1,313

Households

1.8

Avg Household Size

44

Median Age

27%

College-Educated

96%

High-School Grad

32.0 sq mi

ZIP Area

75

Density / Sq Mi

$70,726

Median Household Income

$37,364

Median Earnings

$803

Median Rent

$205,100

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

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Turnkey bar and restaurant with a class C liquor license, outdoor seating, and dedicated carryout options.

Where is this bar & pub located?

The property is located at 6365 US-223 Addison, MI.

What are key features of this property?

This property features: Turnkey bar/restaurant with a class C liquor license; Includes space for dancing/entertainment plus a second bar; Outdoor seating and carryout sales (Sunday AM and PM sales reported)