Freestanding Bar and
New
For Sale
$795,000
596 Busha Highway, Marysville, MI 48040
The building includes an upstairs rental unit and on-site parking.
Property Size5,013 SF
Price / SF$158.59
Days on Market1
Property Features for 596 Busha Highway
General Information
Standard status
Active
Size
5,013 SF
Zoning
C-3
Additional Details
Business Included
Yes
Currently Operating
Yes
Amenities
1.05
5013
Building Details
Building Size
5,013 SF
Year Built
1930
Listing Agency:
KW Platinum
(586) 980-1171
Listed By:
Evan Lyszczyk · License #6501428411
(586) 949-0200
Source:
Moayyerrealestate
Added: Oct 30
Last Checked: Oct 30 at 1:43AM
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 KW Platinum
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding bar and restaurant at 596 Busha Highway includes 5,013 square feet of building area and an upstairs rental unit. The property is zoned C-3 and has on-site parking. The building was constructed in 1930, with foundation work and exterior renovations completed recently.
Key Highlights
- 5,013‑square‑foot freestanding bar and restaurant
- C‑3 zoning
- Upstairs rental unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,431
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,620
$1.4M
Cap Rate 7%
$991,871
$991.9K
Cap Rate 9%
$771,456
$771.5K
Market Conditions
NOI Build-Up for 5,013 SF
Gross rent
$95.0K $18.96/SF
− Vacancy
−$2.5K −$0.49/SF
EGI
$92.6K $18.47/SF
− OpEx
−$23.1K −$4.62/SF
NOI
$69.4K $13.85/SF
Area
St. Clair County, MI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,620
Cap Rate 7%
$991,871
Cap Rate 9%
$771,456
Alternative Uses
Best Use
Specialty Retail
$991.9K
$867.9K – $1.16M
NOI $69,431 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.77M
$3.30M – $4.40M
NOI $263,802 @ 7.0% cap · market cap 33.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Dollar General
Shops & Services
7,444 visits/mo
0.3 miles
SUBWAY
Dining
2,075 visits/mo
0.3 miles
Demographics for 48040, MI
9,994
Population
4,588
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
1,448
Density / Sq Mi
$69,661
Median Household Income
$45,365
Median Earnings
$955
Median Rent
$185,500
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
Similar Off Market Nearby
- Fieldhouse Sports Bar & Kitchen — 1106 Gratiot Blvd, Marysville, MI 48040
- Lynwood Bar — 596 Busha Hwy, Marysville, MI 48040
Frequently Asked Questions
What type of property is this?
Bar & Pub - The building includes an upstairs rental unit and on-site parking.
Where is this bar & pub located?
The property is located at 596 Busha Highway Marysville, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,013‑square‑foot freestanding bar and restaurant; C‑3 zoning; Upstairs rental unit
