Renovated Sports Bar and
For Sale
$799,999
5153 Fenton Rd, Grand Blanc, MI 48507
Renovated interior with a covered patio and recreation amenities supports combined dining, beverage, and entertainment uses.
Property Size3,092 SF
Lot Size5.00 Acres
Price / SF$258.73
Days on Market16
Property Features for 5153 Fenton Rd
General Information
Standard status
Active
Size
3,092 SF
Lot size
5.00 Acres
Additional Details
Patio
Yes
Amenities
volleyball courts
cornhole
Building Details
Year Built
1960
Listing Agency:
RE/MAX Platinum - Grand Blanc
(810) 695-4111
Listed By:
Scott Myers · License #620395235
Source:
Katie-k
Added: Aug 16
Changed: Aug 31
Last Checked: Aug 31 at 6:44PM
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.
GB’s Pub & Grub is a sports bar and entertainment venue with approximately 3,092 square feet of restaurant and bar space. The interior has been renovated, and the property includes a covered patio. Volleyball courts, cornhole, pool, dart leagues, and karaoke add several established entertainment components to the operation.
The business occupies a 5-acre parcel at 5153 Fenton Road in Grand Blanc, Michigan. On-site parking supports the property, while the expansive grounds provide space for outdoor events and additional outdoor programming. The combination of restaurant and bar facilities, recreation features, patio space, and a sizable parcel creates a flexible setting for food, beverage, and entertainment operations.
The business occupies a 5-acre parcel at 5153 Fenton Road in Grand Blanc, Michigan. On-site parking supports the property, while the expansive grounds provide space for outdoor events and additional outdoor programming. The combination of restaurant and bar facilities, recreation features, patio space, and a sizable parcel creates a flexible setting for food, beverage, and entertainment operations.
Key Highlights
- Approximately 3,092 (+/-) sq ft of restaurant and bar space
- Renovated interior with covered patio
- 5‑acre parcel with ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,416
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cobblestone Lounge — 7490 Fenton Rd, Grand Blanc, MI 48439
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated interior with a covered patio and recreation amenities supports combined dining, beverage, and entertainment uses.
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: Approximately 3,092 (+/-) sq ft of restaurant and bar space; Renovated interior with covered patio; 5‑acre parcel with ample parking
