Established Cafe with Real
For Sale
$349,000
228 N Jefferson St, Hastings, MI 49058
Thriving breakfast and lunch cafe with real estate included.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market163
Property Features for 228 N Jefferson St
General Information
Standard status
Active
Lot size
0.20 Acres
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
Epique Realty
(248) 568-5958
Listed By:
David Elwood
(248) 568-5958
Source:
Elliman
Added: Mar 12
Changed: Jul 6
Last Checked: Aug 20 at 11:30AM
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 Epique Realty
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 34%
Home Improvements & Furnishings 24%
Electronics 3%
Hastings Ace Hardware
Home Improvements & Furnishings
15,173 visits/mo
0.1 miles
Wendy's
Dining
14,270 visits/mo
0.5 miles
Shell
Shops & Services
10,815 visits/mo
0.3 miles
Pizza Hut
Dining
5,152 visits/mo
0.3 miles
Huntington Bank
Shops & Services
4,763 visits/mo
0.2 miles
Demographics for 49058, MI
19,422
Population
8,337
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
147.6 sq mi
ZIP Area
132
Density / Sq Mi
$71,169
Median Household Income
$40,868
Median Earnings
$928
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Phil's Galley — 139 E Court St, Hastings, MI 49058
- Richie's Koffee Shop — 146 W State St, Hastings, MI 49058
- Hastings Riverwalk Cafe — 228 N Jefferson St, Hastings, MI 49058
Frequently Asked Questions
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 $349,000.
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.
