228 N Jefferson St, Hastings, MI 49058

Building Details

Year Built

1963

Listing office Epique Realty d***@elwood.biz Show Phone

Listing date Mar 12, 2026

Source Elliman

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Auto Parts Store HVAC Service Hotel & Motel Skin Care Clinic Storage Facility Department Store

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

Similar Places 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

Location Insight

• Map
• Local Demand

City

Hastings

County

Barry

State

Michigan

Longitude

-85.288

Latitude

42.6502

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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 $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.