Sports Bar and Entertainment
For Sale
$799,999
5153 Fenton Rd, Grand Blanc, MI 48507
Turnkey sports bar and entertainment venue with ample parking.
Property Size3,092 SF
Lot Size5.00 Acres
Price / SF$258.73
Days on Market194
Property Features for 5153 Fenton Rd
General Information
Standard status
Active
Size
3,092 SF
Lot size
5.00 Acres
Building Details
Year Built
1960
Listing Agency:
RE/MAX Platinum - Grand Blanc
Listed By:
Scott Myers · License #6506029181
(810) 695-4111
Source:
Katie-k
Added: Mar 27
Changed: Oct 6
Last Checked: Oct 5 at 11:21PM
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 RE/MAX Platinum - Grand Blanc
Investment Insights
Based on property information with market context.
The property is a sports bar and entertainment venue offering approximately 3,092 square feet of restaurant and bar space with a renovated interior. Situated on a spacious 5-acre parcel with ample parking, the property includes volleyball courts, cornhole, pool and dart leagues, and karaoke. It also features a covered patio and offers room for outdoor events or future expansion. The property is located close to everything and offers excellent versatility.
Key Highlights
- Spacious 5‑acre parcel with ample parking and room for outdoor events or future expansion
- Renovated interior with approximately 3,092 (+/-) sq ft of restaurant and bar space
- Multiple entertainment options including volleyball courts, cornhole, pool and dart leagues, and karaoke
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,416
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,320
$548.3K
Cap Rate 7%
$391,657
$391.7K
Cap Rate 9%
$304,622
$304.6K
Market Conditions
NOI Build-Up for 3,092 SF
Gross rent
$44.5K $14.40/SF
− Vacancy
−$8.0K −$2.58/SF
EGI
$36.6K $11.82/SF
− OpEx
−$9.1K −$2.96/SF
NOI
$27.4K $8.87/SF
Area
Genesee County, MI
Vacancy
17.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,320
Cap Rate 7%
$391,657
Cap Rate 9%
$304,622
Alternative Uses
Best Use
Specialty Retail
$391.7K
$342.7K – $456.9K
NOI $27,416 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$650.6K
$569.3K – $759.1K
NOI $45,545 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48507, MI
30,149
Population
13,923
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
22.1 sq mi
ZIP Area
1,364
Density / Sq Mi
$47,165
Median Household Income
$31,346
Median Earnings
$923
Median Rent
$101,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Cobblestone Lounge — 7490 Fenton Rd, Grand Blanc, MI 48439
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey sports bar and entertainment venue with ample parking.
Where is this bar & pub located?
The property is located at 5153 Fenton Rd Grand Blanc, MI.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Spacious 5‑acre parcel with ample parking and room for outdoor events or future expansion; Renovated interior with approximately 3,092 (+/-) sq ft of restaurant and bar space; Multiple entertainment options including volleyball courts, cornhole, pool and dart leagues, and karaoke
