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Bar and Restaurant with Class C License
New
For Sale
$695,000

53 N Howard Avenue, Croswell, MI 48422

The transaction conveys the operating business and equipment along with the real estate and building.

Property Size6,392 SF
Price / SF$108.73
Days on Market4

Property Features for 53 N Howard Avenue

General Information

Standard status Active
Size 6,392 SF
Property subtype Commercial

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Building Details

Building Size 6,392 SF
Year Built 2019
Year Renovated 2018
Listed By: Ken Ferrier · License #6502125983
Source: Homeflexrealty
Added: Oct 26 Last Checked: Oct 26 at 3:50PM

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 Ken Ferrier

Rey
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Investment Insights

Based on property information with market context.

The offering at 53 N Howard Avenue includes the bar and restaurant business, real estate, building, equipment, and a Class C liquor license. Interior and exterior renovations were completed in 2018.

The property is in Croswell, Michigan, at 53 N Howard Avenue. The bar and restaurant are offered together with the operating business and included equipment.

Key Highlights

  • Class C liquor license included in the sale
  • The package includes the operating business, real estate, building, and equipment
  • Interior and exterior renovations completed in 2018

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Thumbs Up Bar & Pub

Suggested Use

Top Pick Dental Office Spa & Massage Center Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48422, MI

6,130
Population
2,875
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
89%
High-School Grad
95.2 sq mi
ZIP Area
64
Density / Sq Mi
$57,078
Median Household Income
$33,312
Median Earnings
$807
Median Rent
$162,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Corner Market — 98 Peck Rd, Croswell, MI 48422
  • Thumb Roast Coffee Bar — 30 N Howard Ave, Croswell, MI 48422

Frequently Asked Questions

What type of property is this?
Bar & Pub - The transaction conveys the operating business and equipment along with the real estate and building.
Where is this bar & pub located?
The property is located at 53 N Howard Avenue Croswell, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Class C liquor license included in the sale; The package includes the operating business, real estate, building, and equipment; Interior and exterior renovations completed in 2018
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