Restaurant with Banquet
For Sale
$1,100,000
205 E Chicago Street, Jonesville, MI 49250
The sale combines an operating full-service restaurant with its real estate, dining rooms, event facilities, and commercial kitchen.
Property SizeContact for details
Days on Market12
Property Features for 205 E Chicago Street
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$26,791
Amenities
full-service bar
banquet/event space
private dining room
basement storage
Yes
3
7978
Broadband
No
Real Estate,Licenses,Furniture,Equipment
0.13
45x108
Paved
0.0
1
Building Details
Year Built
2010
Stories
7978
Construction
steel
Listing Agency:
(616) 402-4115
Listed By:
Dan Hendrick
(616) 842-5970
Source:
Danhendrick.clydehendrickrealtors
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dan Hendrick
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Investment Insights
Based on property information with market context.
The offering includes an established full-service restaurant business and seller-owned real estate. The building contains 2,680 square feet of main dining space, a 1,224-square-foot banquet area, a 270-square-foot private dining room, a 1,332-square-foot commercial kitchen, and 1,548 square feet of basement storage. The banquet room accommodates up to 72 guests, while the private room seats up to 20. A full-service bar, Class C liquor license, and furniture, fixtures, and equipment are included. The facility has steel construction and high ceilings.
The restaurant operates five days per week and has a staff of 30, comprising 8 full-time and 22 part-time employees. An experienced kitchen and front-of-house management team is in place. Customer parking is available on the street and in a rear lot. The property is at 205 E Chicago Street in Jonesville, Michigan.
The restaurant operates five days per week and has a staff of 30, comprising 8 full-time and 22 part-time employees. An experienced kitchen and front-of-house management team is in place. Customer parking is available on the street and in a rear lot. The property is at 205 E Chicago Street in Jonesville, Michigan.
Key Highlights
- Sale includes the restaurant business and seller‑owned real estate
- 2,680‑square‑foot main dining area, 1,224‑square‑foot banquet room, and 270‑square‑foot private dining room
- Banquet room seats up to 72; private dining room seats up to 20
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 15%
Home Improvements & Furnishings 4%
McDonald's
Dining
20,484 visits/mo
0.2 miles
SUBWAY
Dining
5,406 visits/mo
0.2 miles
Sunoco
Shops & Services
4,668 visits/mo
0.1 miles
True Value Hardware
Home Improvements & Furnishings
1,415 visits/mo
0.4 miles
Demographics for 49250, MI
5,994
Population
2,560
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
91%
High-School Grad
78.7 sq mi
ZIP Area
76
Density / Sq Mi
$61,918
Median Household Income
$40,625
Median Earnings
$774
Median Rent
$159,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale combines an operating full-service restaurant with its real estate, dining rooms, event facilities, and commercial kitchen.
Where is this conventional restaurant located?
The property is located at 205 E Chicago Street Jonesville, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Sale includes the restaurant business and seller‑owned real estate; 2,680‑square‑foot main dining area, 1,224‑square‑foot banquet room, and 270‑square‑foot private dining room; Banquet room seats up to 72; private dining room seats up to 20
